Gold rallied to an all-time high of $3,357 an ounce on April 17, prompting speculation about whether Bitcoin will follow suit. In 2017, after gold rallied 30% a few months earlier, Bitcoin surged to $19,120. Similarly, during the COVID-19 pandemic in 2020, gold reached a new high of nearly $2,075, followed by Bitcoin's surge to $69,000 in 2021. Historically, whenever gold has rallied, Bitcoin has broken through its previous all-time highs, reflecting the dynamic relationship between the two assets during times of economic uncertainty and as investors search for alternatives to the dollar.
Further highlighting the correlation between the two assets, Joe Consorti, head of growth at Theya, pointed out that bitcoin will follow gold's directional movement with a lag of 100-150 days. "When the printing press starts, gold will smell the breath first, and then bitcoin will follow suit even more," Consorti said. Taking into account Consorti's view, bitcoin is expected to reach a new all-time high between the third and fourth quarters of 2025. Anonymous bitcoin backer apsk32 expects a similar outcome or bull run between July and November.
Analyst: When the price of gold hits a new high, history shows that "Bitcoin will follow suit in 150 days"
2025-04-18 00:26:45
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
分析师:当金价创下新高时,历史表明“比特币会在150天内跟涨”Next article:
每日期货市场要闻速递(4月18日)