There are many who argue that Bitcoin cannot be a store-of-value based on its whipsaw volatility but valuable insight can be drawn from gold’s price action during the 2008 financial crisis.

Gold certainly doesn’t look like a safe haven after a 24% plunge in less than 2 months, even more worrisome is the fact that the S&P 500 remained flat during that period. Therefore, is it really fair to analyze any correlation over such a short period? Does that sharp movement in price invalidate gold’s resilience during market uncertainties?