Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Bitcoin (BTC) News: Jamie Dimon Says His Bank Will Allow Purchases

May 19, 2025

Bitcoin Reclaims $105K After Moody’s Downgrades US Credit Rating

May 19, 2025

Ledn co-founder is shorting the US dollar with Bitcoin

May 19, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Bitcoin (BTC) News: Jamie Dimon Says His Bank Will Allow Purchases

    May 19, 2025

    Bitcoin Reclaims $105K After Moody’s Downgrades US Credit Rating

    May 19, 2025

    Ledn co-founder is shorting the US dollar with Bitcoin

    May 19, 2025

    Crypto.com, Canary launch CRO fund in US

    May 19, 2025

    Ledn co-founder is shorting the US dollar with Bitcoin

    May 19, 2025

    Bitcoin ignores Moody’s US debt downgrade, rallies back to $105K after profit-taking sell-off

    May 19, 2025

    Bitcoin bull market ‘almost over?’ Traders split over BTC price at $105K

    May 19, 2025

    Who’s got the charm, cash and code to be a crypto hub?

    May 19, 2025

    Price predictions 5/19: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

    May 19, 2025

    Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims

    May 19, 2025

    US crypto funds top $7.5B inflows in 2025 as investor appetite grows

    May 19, 2025

    Vitalik Buterin proposes partially stateless nodes for Ethereum scaling

    May 19, 2025

    Crypto.com, Canary launch CRO fund in US

    May 19, 2025

    Community sales are the future of crypto fundraising

    May 19, 2025

    Trader Predicts Ethereum Rally to All-Time Highs, Expects Bullish Continuation for Chainlink and One Solana Rival

    May 19, 2025

    XRP price risks falling to $2 after classic bearish chart pattern confirms

    May 19, 2025

    Bitcoin (BTC) News: Jamie Dimon Says His Bank Will Allow Purchases

    May 19, 2025

    Bitcoin Reclaims $105K After Moody’s Downgrades US Credit Rating

    May 19, 2025

    Ledn co-founder is shorting the US dollar with Bitcoin

    May 19, 2025

    Crypto.com, Canary launch CRO fund in US

    May 19, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    EMERGENCY BITCOIN ALERT! SCARY Bond Market Crisis

    May 19, 2025

    Top Crypto Coins Made in USA That Will SURGE By Summer 2025

    May 18, 2025

    Cryptocurrency Explained: 101 Beginner's Guide For 2025!!

    May 18, 2025

    3 Crypto Coins Getting Ready to EXPLODE! “This Will Shock People”

    May 17, 2025

    Bessent Revealed ALL: Trump's Crypto Plans & Trade Deals!

    May 17, 2025
ApeWatcher News
Home » When gold price hits new highs, history shows ‘Bitcoin follows’ within 150 days — Analyst
When gold price hits new highs, history shows ‘Bitcoin follows’ within 150 days — Analyst
Bitcoin

When gold price hits new highs, history shows ‘Bitcoin follows’ within 150 days — Analyst

Coin TelegraphBy Coin TelegraphApril 17, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin (BTC) would follow.

Bitcoin-gold comparison. Source: Cointelegraph/TradingView

In 2017, Bitcoin rallied to $19,120 after gold witnessed a 30% hike a few months earlier. Similarly, gold reached a new high near $2,075 in 2020 during the COVID-19 pandemic, which preceded Bitcoin’s surge to $69,000 in 2021.

Bitcoin has historically surpassed its previous all-time highs whenever gold rallies, reflecting a dynamic relationship between the two assets during periods of economic uncertainty and when investors look for a US dollar alternative.

Further highlighting the interconnections between the assets, Joe Consorti, head of growth at Theya, pointed out that BTC follows gold’s directional bias with a lag of 100-150 days at a time. Consorti said,

“When the printer roars to life, gold sniffs it out first, then Bitcoin follows harder.”

Cryptocurrencies, Bitcoin Price, Markets, Price Analysis
Bitcoin vs gold price movement correlation. Source: X.com

Considering Consorti’s view, Bitcoin is expected to potentially attain new all-time highs between Q3 and Q4 of 2025. Anonymous Bitcoin proponent apsk32 expected a similar outcome or bullish period between July and November.

Looking at data from past Bitcoin price cycles and BTC’s “power curve time contours,” the analyst predicted that Bitcoin will enter a parabolic phase in the latter half of 2025, with a price target as high as $400,000. Using the power law model, the analyst normalized Bitcoin’s market cap to gold’s and plotted BTC on a logarithmic scale, measuring each Bitcoin in ounces of gold instead of dollars.

Cryptocurrencies, Bitcoin Price, Markets, Price Analysis
Bitcoin price and power curve chart. Source: X.com

Related: Bitcoin gold copycat move may top $150K as BTC stays ‘impressive’

Bitcoin trading like “Mag 8” amid tariff uncertainty

In a recent interview with CNBC, Galaxy Digital CEO Mike Novogratz said that Bitcoin and gold are “key indicators of financial stewardship” amid global macroeconomic uncertainty. Highlighting it as a “Minsky Moment” for the US economy, Novogratz said that Bitcoin thrives in market turbulence, driven by a weakening US dollar and capital flowing into safe havens like gold, which has recently rallied.

Novogratz added that despite a 10% year-to-date drop in equities, markets underestimate the scale of global economic shifts, with tariffs and Trump’s policies adding uncertainty. He cautioned that rising interest rates and a weakening dollar signal the US is behaving like an emerging market, with Bitcoin and gold reflecting growing concerns over unsustainable deficits and the $35 trillion national debt.

Related: Bitcoin online chatter flips bullish as price chops at $85K: Santiment

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ledn co-founder is shorting the US dollar with Bitcoin

May 19, 2025

Bitcoin ignores Moody’s US debt downgrade, rallies back to $105K after profit-taking sell-off

May 19, 2025

Bitcoin bull market ‘almost over?’ Traders split over BTC price at $105K

May 19, 2025

Who’s got the charm, cash and code to be a crypto hub?

May 19, 2025

Bitcoin stealer malware found in official printer drivers

May 19, 2025

Strategy adds 7,390 BTC for $765M, gets hit with class-action lawsuit

May 19, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Bitcoin (BTC) News: Jamie Dimon Says His Bank Will Allow Purchases

May 19, 2025

Bitcoin Reclaims $105K After Moody’s Downgrades US Credit Rating

May 19, 2025

Ledn co-founder is shorting the US dollar with Bitcoin

May 19, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.