According to historical trends, the Bitcoin price usually experiences a significant upsurge within a 150-day window following a peak in gold prices. This observation has been made by several analysts, including Joe Consorti, head of growth at Theya.
The price of gold recently reached an all-time high of $3,357 per ounce on April 17, sparking speculation on whether Bitcoin will follow suit. This speculation is based on past events, such as in 2017 when Bitcoin’s price soared to $19,120 after a 30% increase in the gold price months prior. Another significant instance was during the COVID-19 pandemic in 2020 when gold peaked near $2,075, followed by Bitcoin’s surge to $69,000 in 2021.
Bitcoin and gold have displayed a consistent correlation during periods of economic uncertainty and when investors are seeking alternatives to the US dollar. Consorti notes that Bitcoin tends to follow gold’s trend with a delay of approximately 100-150 days. “When the printer roars to life, gold sniffs it out first, then Bitcoin follows harder,” Consorti explained.
Based on this analysis, Consorti predicts that Bitcoin may reach new all-time highs between the third and fourth quarter of 2025. Another Bitcoin advocate, known as apsk32, anticipates a bullish phase for Bitcoin from July to November. Using historical Bitcoin price cycles and “power curve time contours,” the anonymous analyst projects a parabolic phase for Bitcoin in the latter half of 2025, with a potential price target as high as $400,000.
In a recent interview with CNBC, Galaxy Digital CEO Mike Novogratz said that Bitcoin and gold serve as “key indicators of financial stewardship.” He added that Bitcoin thrives in market turbulence, driven by a weakening US dollar and capital flowing into safe havens like gold. However, he warned that rising interest rates and a weaker dollar indicate the US is behaving like an emerging market, which is reflected in the growing concerns over unsustainable deficits and the $35 trillion national debt.
Note: 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.
