BitMEX Blog – Cryptocurrency Trading Insights & Market Analysis
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BitMEX Alpha: Bitcoin Bottom & Q1 2026 Outlook
TL;DR Relative Valuation: The Gold-Bitcoin Divergence If you held the “hard money” view in 2025, you were right on the macro but wrong on the vehicle—unless you bought yellow metal. Gold and silver have already fully expressed the “money printing / geopolitical risk / rate-cuts” trade in 2025. Gold is up 70%+ YTD , and silver is up ~140–150%+ YTD , hitting record territory around $70/oz. Bitcoin hasn’t. This creates a clean
25 December 2025
