Bitcoin (BTC) prices can improve $ 100,000 faster than investors if the initial signs of the dipper coupling in the US stock market and gold continues.
source: Cory Bates / X
“Gold Leads, Bitcoin” starts the relationship begins
Bitcoin has been Rug in the market for US President Donald Trump’s April 2 global tariffs.
BTC initially decreased by more than 3% to about $ 82,500, but eventually rebounded about 4.5%, exceeding $ 84,700. In contrast, the S & P 500 plunged 10.65% this week and fell 4.8% after the $ 3,167 recorded on April 3.
BTC/USD to gold and S & P 500 daily performance chart. Source: TradingView
The new difference is fueling the “Gold-Raid Bitcoin Story”, which takes the queue from the late 2018 to the mid-2019 to the mid-2019 to the mid-2019, and predicts the price recovery of $ 100,000.
Gold began to rise steadily, earning almost 15%until mid -2019, and Bitcoin remained flat. Bitcoin’s ride was shortly after repaying more than 170% in early 2019, and surged 344% until the late 2020.
BTC/USD vs. XAU/USD 3 -day price chart. Source: TradingView
Market Analyst Macroscope said, “If you recall $ 100K, it will suggest a handoff from gold to BTC.
“As in the previous cycle, this will open a new door of a new period of new performance for gold and other assets.
This outlook is expected to match Mike Alfed, the founder of Alpine Fox, which has been analyzed since March 14, and Bitcoin is expected to grow more than 10 times more than gold based on previous instances.
source: Mike Alfred / X
Bitcoin vs. gold ratio warns of bull ship
Bitcoin can drop to $ 65,000 based on the weak fractal in the Bitcoin-Gold (BTC/XAU) ratio.
The BTC/XAU ratio blinks the last familiar pattern that Trader saw in 2021, which followed the second main support test in the 50-2W index.
BTC/XAU ratio 2 weeks chart. Source: TradingView
BTC/XAU now repeats this fractal and once again tests red 50-EMA as support.
At the previous cycle, Bitcoin was integrated around the same EMA level and was decisively low, and eventually gained support from 200-2W EMA (Blue Wave). If history is repeated, BTC/XAU can be tracked for deeper corrections, especially if macro conditions worsen.
Interestingly, these failure cycles matched the value of Bitcoin as shown below.
BTC/USD 2W price chart. Source: TradingView
If the fractal is repeated, Bitcoin’s initial decline targets may be about $ 65,000, which can be about $ 65,000, and additional sells suggests a decrease of less than $ 20,000, matching 200-2W EMA.
On the other hand, the BTC/XAU’s 50-2W EMA bounce can invalidate the weak fractal.
The US economic downturn will crush Bitcoin’s optimistic outlook.
From a fundamental point of view, Bitcoin’s price outlook seems to be distorted as a disadvantage.
Investors are concerned that President Donald Trump’s global tariff war can be divided into a full -fledged trade war, causing the US economic downturn. Risk assets, such as Bitcoin, tend to have poor performance during economic contraction.
relevant: Bitcoin ‘decouples,’ stock ‘loses $ 3.5t during the Trump tariff war and warns of’ high inflation ‘
On April 4, Jerome Powell, a federal reserve, further strengthened expectations for short -term interest rate cuts.
POWELL warns that inflation progresses are uneven, indicating a long -term high -level environment that can apply more pressure on the rising exercise of Bitcoin.
Nevertheless, according to CME data, most bond traders are seeing three consecutive interest rates until the Fed’s September meeting.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.