Gold Hits $3,357, Bitcoin Bull Run May Follow

Generated by AI AgentCoin World
Saturday, Apr 19, 2025 3:41 am ET2min read

Gold prices reached an unprecedented high of $3,357, sparking conversations among analysts about the potential for a delayed Bitcoin bull run. This significant milestone in gold's price trajectory has led many to speculate whether Bitcoin, which has historically followed gold's momentum, could mirror this move by late 2025. Analysts have pointed out that Bitcoin tends to follow gold's price movements with a lag of approximately 100-150 days. Given this pattern, there is a possibility that Bitcoin could experience a substantial rally in the coming months, potentially reaching new heights.

The recent surge in gold prices can be attributed to various factors, including concerns over economic recession and trade wars. These uncertainties have driven investors towards safe-haven assets like gold, which is traditionally seen as a reliable store of value during times of economic instability. The new round of gains for gold began from the support level of $3,195, indicating a strong upward trend.

Analysts have predicted that Bitcoin could reach $155,000 by following gold's rally. This forecast is based on historical patterns that show Bitcoin tends to trail gold's price movements by 100-150 days. If this pattern holds, Bitcoin could experience a significant bull run in the near future, potentially reaching new all-time highs. However, it is important to note that these predictions are based on historical data and may not necessarily reflect future market conditions.

Crypto analysts like Joe Consorti are now watching gold’s rally closely. Consorti believes Bitcoin follows gold’s directional trends with a delay of 100 to 150 days. His claim isn’t without precedent. In 2017, gold surged by 30% just months before Bitcoin climbed to $19,120. Similarly, in 2020, gold hit $2,075 before Bitcoin peaked at $69,000 in 2021. These past patterns suggest BTC may again be preparing for a major rally following gold’s breakout.

According to coinpedia markets, Bitcoin is currently trading at $84,951.59. Over the past year, BTC has gained 36.9%. In April alone, it has grown about 3%. The Relative Strength Index (RSI) sits at 52.62, signaling neutral momentum. While 2025 has been volatile for Bitcoin, with a 17.5% drop in February and 2.19% in March, April appears more stable.

Joe Consorti and others believe the real BTC rally will begin in Q3 or Q4 2025. Another analyst, Apsk32, expects a breakout between July and November. A technical model using Bitcoin’s power curve time contour chart shows the potential for BTC to enter a parabolic phase in late 2025, with predictions reaching as high as $400,000.

With the gold price today setting new records, attention is shifting to Bitcoin. If historical patterns hold, a Bitcoin bull run may be closer than many expect. Investors are now watching for confirmation signals, and a surge above $100,000 could be the first sign that BTC is following gold’s lead once again.

Comments



Add a public comment...
No comments

No comments yet