Bitcoin Holds as Gold Nears Bear Market: What the Divergence Says About Capital in 2026

TLDR: Gold has fallen nearly 20% from its highs, putting it close to official bear market territory in 2026. Bitcoin outperformed gold by roughly 20% since the Iran conflict started, per Whale Factor’s analysis. On an M2 liquidity basis, gold is trading near historical peak levels, signaling a long-term caution flag. Bitcoin remains in a [...]

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