Did Bitcoin Peak vs. Gold? The Ratio May Suggest a Great Reset - The mantra that hope is not a good investment strategy could be playing out in the decline in the number of #gold ounces that's equal to a #Bitcoin. History may judge 2024's 40x peak in the ratio and 2.2x in US #stockmarket-cap-to-GDP akin to 1929 or 1999. My analysis shows elevated reversion risks in the Bitcoin/gold cross, with implications for most markets. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/stmhe7t0g1kw {BI COMD} #commodities #metals #cryptos #macroeconomics @BBGIntelligence