The price of gold increased on April 17 to a new all -time high of $ 3,357 per ounce, igniting whether Bitcoin (BTC) would follow.
In 2017, Bitcoin gathered for $ 19,120 after seeing 30% hiking a few months ago. Similarly, gold reached a new high, nearly $ 2,075 in 2020 during the Covid-19 Pandemic period in 2020, which surged to $ 69,000 ahead of Bitcoin’s surge in 2021.
Bitcoin historically surpassed the dynamic relationship between the two assets during the economic uncertainty whenever there was a gold rally, and when investors found an alternative to the US dollar.
Stressing the interconnection between assets, Joe Consorti, the growth manager of BTC, pointed out that BTC follows GOLD’s direction prejudice with a 100-150 days delay. Consorti said.
“When a printer is created, gold smells it first and Bitcoin follows harder.”
Given the view of consorti, Bitcoin is expected to achieve a new all -time high between the 2025 Q3 to the Q4. Anonymous Bitcoin proponent APSK32 predicted similar results or strong periods between July and November.
Analysts predicted that Bitcoin would enter the parabola in late 2025 by looking at the Bitcoin price cycle and the data of BTC’s “Power Curve Time Contill.” Using the Power LAW model, the analysts regularized Bitcoin’s market cap to GOLD ‘S and ploted the BTC on a log scale to measure each bitcoin as a gold remote instead of the dollar.
Related: As BTC maintains ‘impressive’, Bitcoin Gold Copycat Move can reach $ 15 million.
Bitcoin transactions such as “MAG 8” in tariff uncertainty
In a recent interview with CNBC, Bitcoin and GOLD said in a recent interview with CNBC in Galaxy Digital CEO. Novogratz emphasized that the US economy’s “Minsky Moment”, Bitcoin flourished in the turbulence of markets and flows into a safe refuge, such as the US dollar weakening and gold.
Novogratz added that despite the decrease of 10% year -on -year, the market underestimates the size of global economic changes, and tariffs and Trump’s policies add uncertainty. He warned that interest rates and the dollar weakness signals are acting like emerging markets. Bitcoin and gold are increasingly concerned about the impossible defects and the $ 35 trillion national debt.
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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.