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Crypto

Bitcoin nears bottom against gold as bottom calls gain traction

Analysts say bitcoin may be nearing a market bottom as its value against gold approaches a low. Mercado Bitcoin research head Roni Suster said weakness versus gold could signal a bottom, with cycle analysis suggesting a February low and a rebound from March. Jan3 CEO Samson Mow said bitcoin is undervalued versus gold market value and global money supply. The view comes amid global uncertainty, rising gold prices and bitcoin ETF outflows, though large investors increased spot bitcoin ETF exposure in mid-February.

Crypto

Samson Mow says Elon Musk will resume buying bitcoin in 2026

Samson Mow, a bitcoin advocate and founder of crypto infrastructure company Jan3, has forecast that Elon Musk will re-enter bitcoin in 2026. Mow posted on X that Musk would go hard into BTC, without giving a basis. He also predicted bitcoin would rise from about $90,000 to $1.33 million in 2026 and said Strategy shares could jump to $5,000. Some, including Bitwise CIO Matt Hougan, took a more cautious view.