Bitcoin vs Gold: Bitcoin has done what precious metals never could

Gold bottomed in 2002, and it took nine years for it to trade to a high of roughly $1900 (September 2011). Contrast that to Bitcoin, in less than 1/3rd of the amount of time it is showing gains of more than 11,000%. It took nine years for Gold to show gains of roughly 700% and Gold has given up a substantial portion of those gains.

The bullish sentiment is a bit too high so bitcoin will probably crash below 10K and possibly as low as 5K before the dust settles. Gold on the other hand is extremely underpriced so for now the Gold vs bitcoin battle favours Gold