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Peter Brandt, a well-known market expert, says that the value of Bitcoin (BTC) has reached a critical point relative to gold. The news comes as Bitcoin has slightly declined in the past two days after a strong price rise from $68,000 to more than $100,000. In 2024, Bitcoin has outperformed all major assets such as stocks, bonds and gold, and Ray Dalio, a famous investor, has advised people to buy Bitcoin and gold instead of bonds, although Peter Schiff, who has always been against Bitcoin, still thinks gold is better.
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