Bitcoin rises independently without waiting for precious metals to adjust; the industry is optimistic about future market trends.

According to Cointelegraph, several cryptocurrency asset analysts recently pointed out that there is no inevitable correlation between Bitcoin’s price movements and those of gold and silver, and there is no need to wait for precious metals to pull back before continuing the upward trend.

Glassnode Chief Analyst James Check believes that although this view is “rarely supported,” he insists that many investors have misconceptions about these three assets. He straightforwardly states that those who demand Bitcoin must follow the adjustment rhythm of precious metals “lack a proper understanding of the essence of these asset classes.”

Macroeconomist Lyn Alden shares the same opinion. Although the market generally considers Bitcoin and precious metals as competitors, Alden does not agree with this judgment. She points out that Bitcoin’s recent relative strength compared to gold stems from Bitcoin’s “stagnation in growth” over the past year, while gold has experienced a “remarkable year.” Each asset class is driven by its own independent long-term economic logic, and it is not a zero-sum game where one replaces the other.

Looking ahead, industry experts are generally optimistic about Bitcoin’s prospects. Bitwise Chief Investment Officer Matt Hougan predicts that “Bitcoin will see gains next year.” Samson Mow, founder of Jan3, boldly forecasts that Bitcoin may initiate a “long-term bull cycle.” Several industry executives expect that the current market pattern could undergo a significant shift by 2026.