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Deep Tide TechFlow News, July 6, according to CoinDesk, veteran trader Peter Brandt said he is considering selling some of his Bitcoin holdings to buy gold, believing that gold will significantly outperform Bitcoin. Brandt shared a long-term XAU/BTC chart on the X platform, showing Bitcoin's dominance weakening and gold possibly starting a new macro cycle relative to Bitcoin.
Market data shows that Bitcoin fell 20% in June to below $60k, its worst monthly performance in four years; gold fell 11.7% over the same period to nearly $4,000 per ounce. From 2026 to date, BTC has accumulated a decline of 28%, while gold has only fallen 3.9%, with a clear divergence in performance between the two.