{ "id": 64379, "date": "2026-03-23T09:44:54", "date_gmt": "2026-03-23T02:44:54", "guid": { "rendered": "https:\/\/hbbgroup.net\/btc-and-gold-divergence-reflects-split-between-retail-and-central-banks-analyst\/" }, "modified": "2026-03-23T10:13:50", "modified_gmt": "2026-03-23T03:13:50", "slug": "btc-and-gold-divergence-reflects-split-between-retail-and-central-banks-analyst", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/btc-and-gold-divergence-reflects-split-between-retail-and-central-banks-analyst\/", "title": { "rendered": "S\u1ef1 ph\u00e2n k\u1ef3 gi\u1eefa Bitcoin v\u00e0 v\u00e0ng cho th\u1ea5y d\u00f2ng ti\u1ec1n nh\u1ecf l\u1ebb v\u00e0 ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng \u0111ang \u0111i theo hai h\u01b0\u1edbng kh\u00e1c nhau: Theo ph\u00e2n t\u00edch Chuy\u00ean gia" }, "content": { "rendered": "
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Theo Stephen Coltman, Tr\u01b0\u1edfng b\u1ed9 ph\u1eadn v\u0129 m\u00f4 t\u1ea1i nh\u00e0 cung c\u1ea5p s\u1ea3n ph\u1ea9m giao d\u1ecbch ni\u00eam y\u1ebft crypto (ETP) 21Shares, s\u1ef1 ph\u00e2n k\u1ef3 gi\u1eefa v\u00e0ng v\u00e0 Bitcoin (BTC) trong n\u0103m 2026 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c l\u00fd gi\u1ea3i b\u1edfi hai nh\u00f3m ng\u01b0\u1eddi mua ho\u00e0n to\u00e0n kh\u00e1c nhau.<\/p>\n

Coltman n\u00f3i v\u1edbi Cointelegraph<\/strong> r\u1eb1ng \u0111\u1ee3t t\u0103ng gi\u00e1 c\u1ee7a v\u00e0ng trong ba n\u0103m qua ch\u1ee7 y\u1ebfu \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi l\u1ef1c mua t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng<\/strong>, trong khi Bitcoin<\/strong> hi\u1ec7n v\u1eabn \u0111\u01b0\u1ee3c n\u1eafm gi\u1eef r\u1ed9ng r\u00e3i b\u1edfi nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n<\/strong> nhi\u1ec1u h\u01a1n l\u00e0 b\u1edfi c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh.<\/p>\n

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\u201cV\u00e0ng v\u1eadt ch\u1ea5t hi\u1ec7n \u0111ang gi\u1eef vai tr\u00f2 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ecba ch\u00ednh tr\u1ecb l\u1edbn h\u01a1n, khi \u0111\u00e2y l\u00e0 lo\u1ea1i t\u00e0i s\u1ea3n \u0111\u01b0\u1ee3c c\u00e1c ch\u1ee7 th\u1ec3 c\u1ea5p nh\u00e0 n\u01b0\u1edbc \u01b0u ti\u00ean l\u1ef1a ch\u1ecdn \u0111\u1ec3 l\u01b0u tr\u1eef c\u1ee7a c\u1ea3i theo c\u00e1ch c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c b\u1ea3o v\u1ec7 tr\u01b0\u1edbc c\u00e1c \u0111\u1ed1i th\u1ee7 \u0111\u1ecba ch\u00ednh tr\u1ecb. \u0110i\u1ec1u n\u00e0y khi\u1ebfn v\u00e0ng ph\u1ea3n \u1ee9ng nh\u1ea1y c\u1ea3m h\u01a1n tr\u01b0\u1edbc s\u1ef1 x\u1ea5u \u0111i c\u1ee7a quan h\u1ec7 qu\u1ed1c t\u1ebf.<\/strong>\u201d<\/p>\n<\/blockquote>\n

Tuy nhi\u00ean, BTC l\u1ea1i h\u1eefu \u00edch h\u01a1n v\u1edbi ng\u01b0\u1eddi d\u00f9ng c\u00e1 nh\u00e2n, \u0111\u1eb7c bi\u1ec7t trong vai tr\u00f2 m\u1ed9t \u201c\u0111\u01b0\u1eddng s\u1ed1ng t\u00e0i ch\u00ednh\u201d thay th\u1ebf khi h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng \u0111\u1ecba ph\u01b0\u01a1ng g\u1eb7p s\u1ef1 c\u1ed1 trong kh\u1ee7ng ho\u1ea3ng v\u00e0 ng\u01b0\u1eddi d\u00e2n kh\u00f4ng c\u00f2n kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh truy\u1ec1n th\u1ed1ng.<\/p>\n

\"Gold,
Gi\u00e1 v\u00e0ng gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi \u0111\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng h\u00e0m m\u0169 50 ng\u00e0y (EMA 50), m\u1ed9t ng\u01b0\u1ee1ng h\u1ed7 tr\u1ee3 quan tr\u1ecdng. Ngu\u1ed3n: <\/em>TradingView<\/em><\/a><\/figcaption><\/figure>\n

\u201cCh\u1ec9 \u00edt l\u00e2u sau khi xung \u0111\u1ed9t n\u1ed5 ra, c\u1ea3 S\u1edf Giao d\u1ecbch Dubai v\u00e0 Abu Dhabi \u0111\u1ec1u \u0111\u00e3 ph\u1ea3i \u0111\u00f3ng c\u1eeda \u05d1\u05e2\u05e7\u05d1\u05d5\u05ea c\u00e1c \u0111\u1ee3t t\u1ea5n c\u00f4ng b\u1eb1ng t\u00ean l\u1eeda v\u00e0 m\u00e1y bay kh\u00f4ng ng\u01b0\u1eddi l\u00e1i t\u1eeb Iran<\/strong>,\u201d \u00f4ng n\u00f3i, v\u00e0 cho r\u1eb1ng \u0111\u00e2y l\u00e0 m\u1ed9t \u201cl\u1eddi nh\u1eafc nh\u1edf r\u1ea5t r\u00f5 r\u00e0ng\u201d<\/strong>v\u1ec1 gi\u00e1 tr\u1ecb c\u1ee7a kh\u1ea3 n\u0103ng truy c\u1eadp th\u1ecb tr\u01b0\u1eddng 24\/7<\/strong> trong th\u1eddi chi\u1ebfn ho\u1eb7c c\u00e1c t\u00ecnh hu\u1ed1ng kh\u1ea9n c\u1ea5p kh\u00e1c.<\/p>\n

Coltman n\u00f3i v\u1edbi Cointelegraph<\/strong> r\u1eb1ng m\u1ed1i t\u01b0\u01a1ng quan ngh\u1ecbch<\/strong> gi\u1eefa BTC<\/strong> v\u00e0 v\u00e0ng<\/strong> \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean n\u1eafm gi\u1eef c\u1ea3 hai t\u00e0i s\u1ea3n \u0111\u1ec3 t\u1eadn d\u1ee5ng nh\u1eefng \u0111\u1eb7c t\u00ednh ri\u00eang bi\u1ec7t c\u1ee7a t\u1eebng lo\u1ea1i.<\/p>\n

C\u00e1c c\u00fa s\u1ed1c kinh t\u1ebf v\u0129 m\u00f4<\/strong> v\u00e0 \u0111\u1ecba ch\u00ednh tr\u1ecb<\/strong> k\u00e9o d\u00e0i trong v\u00e0i n\u0103m qua \u0111\u00e3 \u0111\u1ea9y gi\u00e1 v\u00e0ng l\u00ean m\u1ee9c cao nh\u1ea5t m\u1ecdi th\u1eddi \u0111\u1ea1i<\/strong>, g\u1ea7n 5.600 USD\/ounce<\/strong> v\u00e0o th\u00e1ng 1\/2026<\/strong>.<\/p>\n

Tuy nhi\u00ean, m\u1ee9c \u0111\u1ed9 bi\u1ebfn \u0111\u1ed9ng gia t\u0103ng<\/strong> \u0111\u00e3 k\u00e9o kim lo\u1ea1i qu\u00fd n\u00e0y gi\u1ea3m tr\u1edf l\u1ea1i c\u00f2n kho\u1ea3ng 4.497 USD\/ounce<\/strong>, qua \u0111\u00f3 l\u00e0m d\u1ea5y l\u00ean tranh lu\u1eadn tr\u1edf l\u1ea1i trong gi\u1edbi ph\u00e2n t\u00edch v\u1ec1 vai tr\u00f2 c\u1ee7a v\u00e0ng nh\u01b0 m\u1ed9t t\u00e0i s\u1ea3n l\u01b0u tr\u1eef gi\u00e1 tr\u1ecb<\/strong>, c\u0169ng nh\u01b0 vi\u1ec7c n\u00f3 s\u1ebd th\u1ec3 hi\u1ec7n ra sao so v\u1edbi Bitcoin<\/strong> trong nh\u1eefng n\u0103m t\u1edbi.<\/p>\n