Strive executive says BTC could reach $190.9K if BTC/gold ratio revisits 2024 peak

Bitcoin could rise to around $190,858 if the BTC/gold ratio recovers to its December 2024 peak of 40.1 ounces, Adam Livingston, vice president of investments at Bitcoin-accumulation company Strive (NASDAQ: ASST), said, according to Bitcoin.com. Based on an assumption that gold climbs to $4,760 per ounce, that would put BTC about 51% above its current all-time high. In related analysis, the media outlet said that if that scenario plays out, the value of Strategy’s 847,666 BTC would increase to about $161.8 billion (219 trillion won), with unrealized gains reaching roughly $98.0 billion.