Le PDG de Bitwise déclare que le Bitcoin supplante l’or comme valeur refuge ultime
La révolution numérique frappe les marchés financiers traditionnels - et l'or perd sa couronne.
Le Bitcoin en mode conquête
Hunter Horsley, CEO de Bitwise, confirme ce que les investisseurs tech observaient depuis des mois : le Bitcoin dépasse désormais l'or comme actif refuge préféré. Les chiffres parlent d'eux-mêmes - les flux institutionnels vers le BTC écrasent ceux de l'or métallique.
Les hedge funds et les family offices se ruent vers la liquidité numérique, laissant les coffres-forts traditionnels vides. Même les banques centrales commencent à diversifier leurs réserves avec des cryptoactifs.
Une transition historique qui fait grincer des dents les puristes de la finance - ces mêmes experts qui prédisaient l'effondrement du Bitcoin en 2018, puis en 2020, et qui attendent toujours...
Analysts see bottom in BTC/Gold ratio
In line with that opinion, CryptoQuant analyst Joao Wedson indicated that the BTC/Gold ratio has reached a historical low, which, in previous cycles, was a strong turning point. Wedson stated that oscillator readings currently flash bottom signals that in the past have been the precursors of enormous Bitcoin rebounds, calling the current setup a “rare opportunity to trade gold for Bitcoin.”
Historic Opportunity: Trade Gold for Bitcoin. 🟡⮕₿
Bottom signals in the BTC/Gold ratio are extremely rare, and they tend to appear during high-volatility moments and sharp btc drawdowns.
Well, we’re exactly there right now.
The blue signal marks the current bottom, revealed… pic.twitter.com/cWx2YGxd3t
— Joao Wedson (@joao_wedson) October 18, 2025
Traditionally, these events were followed by sharp Bitcoin falls with subsequent strong rebounds. He called the existing construction a historic opportunity and encouraged investors to “trade gold for Bitcoin.”
Similar to Wedson, the former BitMEX CEO, Arthur Hayes, said, “We’re exactly there right now,” describing the environment as one of the most compelling in years for those seeking exposure to Bitcoin over traditional safe-haven assets.
Bitcoin struggles through “broken October”
Despite the optimism, Bitcoin has not met the expectations of traders in October. Traditionally known as “Uptober,” the month has historically been a powerhouse of gains, but 2025 has shattered the pattern. Bitcoin is down over 25% since early October, from above $126,000 to close to $100,000, amidst increasing global risk aversion and a resurgence of U.S.-China trade tensions.
At the time of writing, Bitcoin (BTC) was trading at $111,347, having surged by 4.19% on the day but still being down 53.37% on the week and 8.23% on the month. However, the longer-term view is still strong with the index up 25.46% over the past six months and up 58.61% over the last year, bolstered by continued institutional demand, as well as strong ETF flows.
Meanwhile, gold is near record highs as geopolitical and macroeconomic uncertainty continue to affect markets. The metal was down 1.67% to $4,253.97 after reaching a new record high of $4,380. It has risen by 62.05% year-to-date and 123.97% for five years, supported by global investor demand during turbulent times.
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