Bitcoin is getting a shutdown boost. More money could rotate into the crypto and out of gold

Given the government shutdown, a question I've heard a lot this week is whether gold should be considered a safe-haven. Perhaps — but in 2025, gold has been acting like anything BUT a boring safe haven. Thus, sometimes, the price action, itself, tells the story better than the headlines. This is one of those times. Here's why: Coming into September, gold was sporting one of the most attractive technical formations. Price had moved sideways from April through August, logging a series of higher lows along the way that resembled a classic continuation pattern—a setup that GLD had successfully broken out of three prior times, as shown on the chart. While breakouts rarely unfold as perfectly as one might hope, this time GLD delivered as close to a textbook breakout and follow-through as we've s