Gold Smashes $5,000, But Here’s Why Bitcoin Below $90,000 Is The Real Steal
Posted On January 26, 2026
Bitcoin‘s (CRYPTO: BTC) underperformance against gold continues to spur debate among crypto commentators.
Why Bitcoin Looks Cheap Against Gold
Satsuma’s Chief Bitcoin Strategist Mark Moss says Bitcoin looks “cheap” in gold terms, noting BTC tends to revisit its 200-week moving average against gold roughly every four years, historically a strong long-term accumulation zone.
While downside risk remains in the short term, these phases have consistently offered attractive opportunities to add BTC.
Prominent macro commentator Capital Flows responded that macro liquidity and flow data also suggest Bitcoin is undervalued, with gold no longer meaningfully siphoning capital.
Positioning is now neutral, …
About The Author
