You also can't compare gold and Bitcoin because gold is a mature market who has already reached maximum market penetration.
The masses using Bitcoin is still a vaporware dream. Both gold and Bitcoin are used by the wealthy and stealthy to transfer large wealth covertly. They are both alternative assets for the wealthy, not for your average Joe Blow.
If the economy implodes and gold is actually spendable in it's native coin form, there will be no food on the shelves to buy with it anyway!
Refer to what I wrote in the prior post about a
tinfoil hat (doom and extreme religion) permabull.
Obviously Bitcoin is only in a deadcat bounce or in a long-winded, gradually rising U bottom, not on the verge of some immediately imminent vertical rocket upwards past the prior $1200 peak.
It is possible that Bitcoin has U bottomed at $150 and will meander up to $1200 over the next several months.
A rocket shot to $3000+ is not in the cards this year.
If we do meander up to $1200, a flag 33 - 67% decline pattern is likely before advancing further.
I do hope for the U bottom scenario, because it means much more liquidity for altcoin moonshots, than the alternative crash scenario.