Lyn Alden's latest view: Bitcoin and gold are not in competition, and their trends are independent of each other

Financial analyst Lyn Alden recently shared her views on a YouTube podcast, directly refuting the popular market narrative of “gold and Bitcoin competition.” She clearly stated that the two are not in a zero-sum competitive relationship, and that there is a misunderstanding in the market.

Industry Consensus: Bitcoin Can Rise Independently

Glassnode chief analyst James Check also holds a similar view on the X platform. He admitted that this perspective might be “unexpected,” and directly stated that Bitcoin supporters holding opposing views “lack deep understanding of these assets.” The voices of these two authoritative analysts point to the same conclusion — Bitcoin does not need to wait for gold and silver to pull back; it can continue to rise independently.

The Truth Behind the Data

Lyn Alden further explained why the Bitcoin-to-gold ratio has recently performed remarkably well. The key lies in the asymmetry of the time dimension: Bitcoin experienced a clear “stagnation period” over the past year, while gold achieved its “most brilliant performance” during the same period. It is precisely because of this unequal cycle difference that the Bitcoin-to-gold ratio shows a strong trend.

This analytical perspective reminds investors that precious metals and cryptocurrencies should not be simply viewed as mutually exclusive choices, but rather understood in terms of their independent cyclical characteristics.