Legendary commodities trader Peter Brandt has revealed he is contemplating selling a portion of his Bitcoin holdings to reallocate the capital into
gold. He has predicted that the lustrous metal is currently on track to \"gain substantially on Bitcoin.\" A major reversal? The chart attached by Brandt shows Bitcoin's massive outperformance against the traditional safe-haven asset. However, the price action has flattened out in recent years. There is now a distinct rounding bottom or \"saucer\" pattern. A technical reversal might be underway after gold regained some ground against the leading cryptocurrency in 2025. Now, Brandt is convinced that this trend is going to persist. No low until October? Earlier this summer, Brandt correctly warned that traders should not rule out lower prices or a \"terminal wash-out.\" Most notably, he explicitly declared he does not see a \"tradable low until October.\"
