Peter Brandt predicts Bitcoin’s price to surge against gold, outperforming the traditional inflationary hedge by hundreds of percentage points.
Brandt claimed that BTC’s price would fluctuate over the next 12 to 18 months before finally surging 230% against gold.Brandt claimed that the ratio of gold to BTC would fluctuate for the next 12 to 18 months before finally climbing to a new height of 100 oz. of gold per BTC.price history of BTC and gold
When gold resumed trading on Dec. 18, 2017, the commodity reached a price of $1,264 per ounce before the daily candle closed at $1,261 per ounce. Using those numbers, it took roughly 15.5 ounces of gold to purchase 1 Bitcoin.
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