Bitcoin Predicted to Skyrocket to 100 Ounces of Gold, Says Peter Brandt

Seasoned trader Peter Brandt predicts that Bitcoin (BTC) will surge 230% against gold. He anticipates that the BTC/gold ratio will fluctuate over the next 12-18 months before reaching a new level of 100 ounces of gold per BTC. Brandt's prediction is supported by the historical data showing Bitcoin's rise against gold, surpassing it in 2017. Currently, it takes approximately 29 ounces of gold to purchase one Bitcoin based on market prices.