A seasoned Bitcoin trader is cautioning investors about potential price declines in the cryptocurrency market, especially as the ongoing rally in gold prices continues to attract significant attention and interest away from Bitcoin. This shift in focus towards gold may potentially impact Bitcoin’s performance, leading to concerns about its future direction amidst a competitive landscape where traditional safe haven assets are proving to be more appealing to investors at this time.
source: https://www.coindesk.com/markets/2026/01/29/bitcoin-trader-warns-of-downside-as-gold-rally-continues-to-pull-focus-from-btc