2026-01-16 08:36:25

There's an interesting phenomenon worth discussing. Last year, Bitcoin's performance wasn't as dazzling as we thought—it underperformed gold and was left behind by the Nasdaq. The underlying logic is actually quite clear. Bitcoin's rise and fall are closely tied to US dollar liquidity; when liquidity tightens, it comes under pressure. In contrast, gold has moved into an independent trend, mainly due to global sovereign nations大量囤积, aiming to hedge against the risk of US debt confiscation, and this buying pressure is quite strong. Meanwhile, the Nasdaq has benefited from the AI boom, with significant government support, making it a hot favorite for capital. Each of these three asset classes has its own driving logic, and the performance in 2026 will continue to depend on changes in market liquidity and policy guidance.

BTC-1.16%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

6 Likes

Reward
6
6
Repost
Share

Comment

0/400

SchrodingerPrivateKey

· 5h ago

Damn, I've long noticed that central banks are疯狂囤积黄金, really绝了 Bitcoin is being strangled by liquidity, that's the real issue The Nasdaq is riding the AI dividend, honestly it's a bit annoying... all hype Wait, is the policy going to change again this year? Need to keep an eye on the Federal Reserve's moves Gold can hedge against US debt risks, that's a敏感话题 Liquidity easing is what Bitcoin needs to turn around, is there hope now? Regret not increasing my gold holdings last year, really The AI boom won't last long, still depends on technological implementation Dollar liquidity is the root of all evil, that's correct What to look for in 2026? Nothing is certain right now

View OriginalReply0

TopBuyerForever

· 5h ago

Huh? Did Bitcoin underperform gold last year? I didn't feel it, I just remember I bought the dip again. So now it's all about liquidity. If I had known this earlier, I wouldn't have kept going all-in. Gold is a national-level buyer's market; that's the real true bag-holder.

View OriginalReply0

AmateurDAOWatcher

· 5h ago

Last year, BTC really underperformed. It was the first time being overtaken by gold.

View OriginalReply0

OnChainDetective

· 5h ago

wait so btc got absolutely rekt by liquidity squeeze while gold's sitting pretty because govs are literally hoarding it as usd hedge? ngl the correlation patterns here are sus as hell, traced through the data and yeah... it checks out. ai pumping nasdaq while our bags get liquidated—classic narrative. 2026 bout to be interesting if they keep tightening or flip the script tho

Reply0

BTCBeliefStation

· 5h ago

Huh, Bitcoin really got overtaken by Daddy Gold... Wait, if this logic holds, what's the point of hoarding coins... Is AI really that powerful? It feels a bit虚 (vague/uncertain) Can the RMB still copy gold's strategy? The question is, who gives us the motivation to accumulate? We really need to keep a close eye on flow trends, or else 2026 will be another empty year.

View OriginalReply0

FlashLoanKing