Odaily Planet Daily reports that Matrixport released a chart today, stating that gold has broken through the $3,400 mark, breaking through the resistance it had held for the past four months. Long before BlackRock proposed the concept of "digital gold," we highlighted gold's investment value and its correlation with Bitcoin.

We first recommended an allocation to gold in the summer of 2023, just as the price was nearing $2,000. With gold now trading at $3,600 and poised to test $4,000, the strategy has delivered a 100% return in two years.

Despite the absence of significant monetary easing, gold prices have continued to rise, suggesting that some forward-thinking investors have begun allocating both gold and Bitcoin. Bitcoin is currently in a period of consolidation, but the long-term outlook remains firmly bullish.