《NDV: A Comparative Study of Bitcoin, Gold, and US Dollar Cash》 (Author: NDV) BTC and gold show long-term synchronization under macro drivers but short-term divergence, forming a 'cross-mechanism' complementary condition. Dynamic rebalancing between the two can improve portfolio Sharpe ratios. The author believes that in the current environment, gold is superior to US dollar cash as a defensive allocation. The norm is to center on BTC, while temporarily increasing gold allocation during liquidity tightening and geopolitical risks to reduce drawdowns and stabilize returns. Read the full article: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=51771