The gold price gained more market cap in one day than Bitcoin\u2019s entire market cap. I cannot imagine how smug gold bug Peter Schiff is right now.<\/p>\n
Ray Dalio, Schiff, they were all right\u2026The USA is collapsing in real time<\/a>.<\/p>\n \t<\/span><\/p>\n \t\t \t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t \t\t \t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t \t\t\t<\/p>\n \t\t \t and equities have stalled as gold and silver rip higher<\/a>. Glassnode data shows declining risk appetite in crypto derivatives, while energy and base metals are also catching bids. Gold prices briefly tested $5,600 per ounce this week before profit-taking set in, extending what is now one of the most aggressive precious metals runs in modern market history. Spot gold last traded near $5,500, up more than 3% on the session, while silver surged past $119 an ounce, continuing to outperform on both momentum and narrative.<\/p>\n This is not a tidy inflation hedge story anymore. It\u2019s about confidence, liquidity, and a global market searching for something that still feels solid.<\/p>\n DISCOVER: 20+ Next Crypto to Explode in 2026<\/a><\/strong><\/p>\n (Source: TradingView<\/a>)<\/p>\n On the daily chart, gold is stretched to levels that would normally invite a sharp blow-off top, but it ain\u2019t happening. The 14-day RSI sits above 90, an extreme reading by any historical standard.<\/p>\n Yet the gold price continues to hold decisively above every major moving average<\/a>, with the 21-day SMA near $4,730 acting as first dynamic support.<\/p>\n \u201cIf you don\u2019t own Gold, you know neither history nor economics\u201d \u2013 Ray Dalio<\/p>\n Technically, this is classic melt-up behavior. Overbought conditions matter less when capital flows overwhelm positioning.<\/p>\n DISCOVER:\u00a0<\/span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2026<\/span><\/a><\/strong><\/p>\n How will Bitcoin \u2018comeback\u2019? Jeez, we don\u2019t know\u2026 maybe by virtue of being the soundest money ever conceived, the best available financial instrument, and the greatest and best performing asset of all time!<\/p>\n Bitcoin is still the best decentralized unit of account that cannot be replicated again, and that is engineered to challenge c<\/a>entral banking debt-based fiat currencies<\/a>. It\u2019s backed by energy and social incentives, and that\u2019s better backing than anything out there.<\/p>\n Meanwhile, if you are a crypto holder, gold\u2019s run-up should unironically make you feel so much more bullish about the potential gains of crypto. Wealth is suddenly and desperately trying to save itself with whatever alternatives there are.<\/p>\n DISCOVER: Top 20 Crypto to Buy in 2026<\/a><\/strong><\/p>\n According to Federal Reserve trade-weighted dollar data and Bloomberg\u2019s DXY index, the US dollar is down nearly 11% year over year. That denominator effect matters more than mine supply or jewelry demand right now.<\/p>\n At the same time, US Treasury auctions have struggled to attract the same depth of demand seen in prior cycles, while central banks continue to add gold at a steady pace. World Gold Council data shows central bank purchases remain near multi-decade highs, reinforcing the bid under the market.<\/p>\n Ray Dalio just warned us\u2026 <\/p>\n “The monetary system is ending.”<\/p>\n Banks aren’t buying Gold for profit. They’re buying to escape the Dollar. The great reset is here.<\/p>\n There is no ceiling for Gold because there is no floor for fiat currency.<\/p>\n Most people have no idea what’s coming. pic.twitter.com\/A2GjOexSf7<\/a><\/p>\n \u2014 Bark (@barkmeta) January 28, 2026<\/a><\/p>\n\n \u00a0<\/p>\n From where I\u2019m sitting, this feels less like rational repricing and more like capital looking for shelter wherever it can still fit.<\/p>\n Gold remains a buy-on-dips trade, but traders should respect the volatility and expect a pullback in the Spring, according to gold investors like Michael Oliver<\/a>. When liquidity drives price, reversals can be just as fast as the ascent.<\/p>\n EXPLORE: King of The Decade? Analyst says Bitcoin Price Returns Will Beat Gold and Silver<\/a><\/strong><\/p>\n Follow 99Bitcoins on X<\/a> For the Latest Market Updates and Subscribe on YouTube<\/a> For Daily Expert Market Analysis\u00a0<\/strong><\/p>\n The gold price gained more market cap in one day than Bitcoin\u2019s entire market cap. I cannot imagine how smug gold bug Peter Schiff is. <\/p>\n Traders should respect the volatility and expect a pullback in the Spring, according to gold investors like Michael Oliver. <\/p><\/div>\n The post Why is Crypto Down Today? Gold Price Smashes $5,600 as the Dollar Slips and Liquidity Floods the System<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The gold price gained more market cap in one day than Bitcoin\u2019s entire market cap. I cannot imagine how smug gold bug Peter Schiff is right now. Ray Dalio, Schiff, they were all right\u2026The USA is collapsing in real time. Bitcoin BTC $87,965.81 0.72% Bitcoin BTC Price $87,965.81 0.72% \/24h Volume in 24h $39.22B <!– […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-130863","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130863"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130863"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130863\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n\t\t\t\t\t$39.22B<\/span>
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\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a>
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\n(Source: X<\/a>)<\/p>\nWill Gold Price Pump Until Summer? Extreme Overbought Signals Mean Nothing<\/h2>\n
Is There Any Way That Bitcoin Can Come Back?<\/h2>\n\n
Data Shows the Real Driver: The Weakening Dollar<\/h2>\n
Key Takeaways<\/h2>\n