While Bitcoin has breached new all-time highs in recent weeks, it is still struggling to break a double top.
“Now, if it gets kind of above the recent highs and holds above $67,000 for a week or two, then I think it will go to at least $75,000 to $77,000.
If you look at the last 20 to 30 years when there was no inflation, interest rates moving up actually hurt gold.