{"id":28710,"date":"2025-05-27T05:16:34","date_gmt":"2025-05-27T05:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28710"},"modified":"2025-05-27T05:16:34","modified_gmt":"2025-05-27T05:16:34","slug":"bitcoin-setup-exact-same-like-golds-1657-explosion-during-1970s-says-seasoned-trader-but-critics-have-something-to-add","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28710","title":{"rendered":"Bitcoin Setup &#8216;Exact Same&#8217; Like Gold&#8217;s 1657% Explosion During 1970s, Says Seasoned Trader, But Critics Have Something To Add"},"content":{"rendered":"<div>\n<p>Seasoned cryptocurrency investor <strong>Fred Krueger <\/strong>on Monday drew a historical parallel between the 1970s gold price surge and the projected trajectory of <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) over the next decade.<\/p>\n<p><strong>What happened: <\/strong>In an X post, Kruger posted a chart showing the average annual growth of gold prices in the 1970s, beginning at $35 per ounce and rising to $615 by 1980, marking a whopping 1657.14% increase.<\/p>\n<p>Krueger argued that Bitcoin could follow an \u201cexact same\u201d pattern in the next decade, driven by what he deemed as a desire to exit the traditional financial system<\/p>\n<p>&#8220;In both cases we went from \u201ceverything is amazing\u201d to \u201ceverything is crap\u201d in a decade,&#8221; he added. &#8220;Perfect analogy.&#8221;<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">If you want to understand where Bitcoin is going in the next decade, just look at Gold prices in the 1970s.<\/p>\n<p>Almost the exact same setup. We started at $35 an ounce and ended at $615. &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/05\/45610847\/bitcoins-setup-exact-same-like-golds-explosion-during-1970s-says-analyst-but-critics-have-something-to-add\" alt=\"Bitcoin\" setup same like gold explosion during says seasoned trader but critics have something to add>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Seasoned cryptocurrency investor Fred Krueger on Monday drew a historical parallel between the 1970s gold price surge and the projected trajectory of Bitcoin (CRYPTO: BTC) over the next decade. What happened: In an X post, Kruger posted a chart showing the average annual growth of gold prices in the 1970s, beginning at $35 per ounce [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28710","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28710"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28710\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}