Bitcoin: Delivers 120% Annualized Returns Since 2011 vs Gold
Michaël van de Poppe highlights Bitcoin's 120% annualized returns since 2011 compared to gold's 6% over the same period, urging accumulation of Bitcoin while it remains undervalued against gold ahead of a potential rotation in 1-2 years.
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Bitcoin has delivered 120% annualized returns since 2011 while gold managed just 6% despite its recent surge, according to Michaël van de Poppe. The analyst argues this performance gap makes Bitcoin the superior accumulation target now, with plans to rotate into gold once its correction completes in one to two years.
Price sits at $80472.92 below both the EMA50 at $81627.1 and EMA200 at $81911.06, confirming the bearish trend structure. The MACD death cross at -433.56 reinforces downside momentum while RSI at 39.48 remains neutral; traders watch the lower Bollinger band at $79908.33 as the next volatility exhaustion target before any relief rally toward upper band resistance at $82052.79.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast