Bitcoin's (BTC) stark rejection at 90,000onWednesdaywasaquickreminderforinvestorsthatpreciousmetalslikegoldandsilveraretherealwinnersofthedebasementtrade,not—atleastforthemoment—digitalgold.BackinOctober,JPMorgananalystssaidthatgoldandbitcoinwerebothbenefittingandwouldcontinuetobenefitfromtheso−calleddebasementtrade.TheyprojectedBTCtofollowgold′slead,puttinga165,000 BTC price target on a volatility-adjusted basis relative to gold. So fa ...