Gold prices are on the rise Bitcoin prices are on the rise. Bitcoin and Gold are not very independent. I think both of them are priced because they don't trust the economy.
I think gold and bitcoin are independent in the current period, it doesn't have any price relationship. The price fluctuations of both are completely different, you can get rich quick with bitcoin but that is not possible with gold.
Bitcoin is always used by those who want to take risks, and have high potential to double the profits they can get. well, for gold, it can be stored for a long time with little risk. it all depends on the type of user. but, for new entrepreneurs, I think they will choose bitcoin.