The price of gold increased to a fresh all time in the amount of USD 3,57 per ounce on April 17, which causes speculation about whether Bitcoin (BTC) will occur.
In 2017, Bitcoin increased to USD 19,120 after Gold witnessed a 30% journey a few months earlier. Similarly, Gold reached a fresh level of nearly 2,075 USD in 2020 during the Covid-19 pandemic, which preceded by Bitcoin’s growth to USD 69,000 in 2021.
Bitcoin historically exceeded its previous highest levels in history, when the golden rallies reflect the active relationship between these two assets during periods of economic uncertainty and when investors are looking for an alternative of an American dollar.
In addition, emphasizing the connections between assets, Joe Consorti, head of growth in itea, pointed Out that BTC follows Gold bias with a delay of 100-150 days at once. Consorti said
“When the printer roars to life, Gold sniffs it first, and then Bitcoin goes too much.”
Considering the view of Consorti, Bitcoin is expected to potentially reach fresh levels of all time between Q3 and Q4 from 2025. Anonymous supporter of Bitcoin Apsk32 expected A similar result or stubborn period between July and November.
Looking at the data from previous bitcoin price cycles and “contours of the BTC power curve time”, the analyst predicted that Bitcoin would introduce the parabolic phase in the second half of 2025, with a target price of up to 400,000 USD. Using the Power Law model, the analyst normalized the Bitcoin market capital for gold and deleted BTC on a logarithmic scale, measuring each bitcoins in the ounces of gold instead of dollars.
Related: Bitcoin Gold Copycat Movement can top $ 150,000 because BTC remains “impressive”
Bitcoin trade, such as “Mag 8” among tariff uncertainty
In a recent interview with CNBC, General Director of Galaxy Digital Mike Novogratz He said it Bitcoin and gold are “key financial management indicators” among global macroeconomic uncertainty. Emphasizing him as the “Minsky Moment” for the American economy, Novogratz said that Bitcoin is developing in market turbulence, powered by weakening the dollar in American and capital flowing into protected paradise, such as gold, which recently accumulated.
Novogratz added that despite a 10% decrease in shares, markets underestimate the scale of global economic changes, and Trump’s tariffs and policy augment uncertainty. He warned that the growing interest rates and weakening US dollar signal behave like a rising market, and bitcoins and gold reflect the growing fears of unbalanced deficits and domestic debt worth $ 35 trillion.
Related: Bitcoin Online Talking Turns stubborn as price chops after $ 85,000: Santiment
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
