Wall Street Veteran Gartman Rejects Bitcoin’s Record High, Favors Gold Amidst Crypto Market Volatility

Wall Street veteran Dennis Gartman expressed skepticism towards Bitcoin’s recent record-breaking run, preferring gold due to its established history as a store of value. He compared Bitcoin’s rise to past speculative bubbles and emphasized gold’s centuries-long track record. Despite his pessimism, Gartman stated he won’t short Bitcoin. His opinion contrasts with Bitcoin’s substantial year-to-date gains, which significantly outpace those of gold.

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