Here’s Why Bitcoin is a Better Scarce Asset Than Gold: Ark Invest's Cathie Wood

💡 DMK Insight

Bitcoin’s fixed supply is gaining traction as a compelling alternative to gold, especially as demand surges. With Ark Invest’s CEO highlighting this in their 2026 Outlook, traders should consider how this narrative could influence market sentiment. If Bitcoin continues to be viewed as a ‘digital gold’, we might see increased institutional interest, which could drive prices higher. The current market dynamics suggest that as inflation concerns persist, more investors could flock to Bitcoin, pushing it to test key resistance levels. Watch for Bitcoin’s performance around psychological levels like $30,000, as breaking through could trigger a wave of buying. However, it’s worth noting that mainstream skepticism about Bitcoin’s volatility and regulatory scrutiny remains. This could lead to sharp pullbacks, so traders should be prepared for potential whipsaws. Keeping an eye on macroeconomic indicators, particularly inflation rates and central bank policies, will be crucial in gauging Bitcoin’s trajectory in the coming months.