Bitcoin still has room to go if we're looking at it against silver. Comparing the two assets, BTC appears undervalued relative to where silver trades, suggesting there's upside potential in the near term for crypto's flagship asset. The ratio between Bitcoin and traditional commodities keeps shifting, and this gap could close in either direction.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin still has room to go if we're looking at it against silver. Comparing the two assets, BTC appears undervalued relative to where silver trades, suggesting there's upside potential in the near term for crypto's flagship asset. The ratio between Bitcoin and traditional commodities keeps shifting, and this gap could close in either direction.