It is strange to see all the and the price peak of gold and subsequent decline look so flat compared to bitcoin when both shown on same scale. Price is log in this chart. While gold looks like a stable store of value from this perspective bitcoin on the other hand looks like its ready for another rampaging bull run after already rising from only a few cents up to over $1000.
With price now down below $400 is bitcoin looking cheap again ? I've scetched in some arrows to show how a new bigger bubble might possibly unfold next year taking price up to new all time highs above $15000 !
Disclaimer: Investment desicions are your own. You may choose to buy into the stock market instead of bitcoin . Good luck