Bitcoin (Btc) has a new target inspiration of gold of $ 155,000, as the review describes the same properties as “amazingly impressive.”
In a Post on x On April 16, the popular trading account and analytics predicted the BTC/USD to copy gold to hit new all-time highs next.
Assessment sees the basic similarities of BTC prices in gold
Bitcoin made headlines for inability to follow in traces of gold record in 2025.
While XAU/USD continues to see recurrent record highs, BTC/USD has dropped 9.3% year-to-date, data from Cointelegraph Markets Pro and Tradingview Shut up.
In spite of calls for a Closely “blow-off top” For gold, the Bitcoin Bulls hopes that after a few months delay, the “digital” equivalent will follow the suit.
For Cryptollica, this means the BTC/USD that destroys a consolidatory wedge structure to quickly recover six figures – and more.
“Bitcoin Midterm’s target: 155k $,” he told followers to X.
BTC price performance has already had a variety of potential tailwinds at its disposal, all of which bulls running the past.
Number Cointelegraph reportedThis includes a denial of the US Dollar Index (DXY) and all times high in the M2’s global currency supply.
“Bitcoin is“ amazing -wonderful -amazing ”during the trade war
Continuing, onchain analytics firm Glassnode argued that despite the difference -the price of the price, Bitcoin and Gold were that we -weaathered the current macroeconomic storm.
Related: Can 3-month Bitcoin RSI Highs Counter Bearish BTC Price ‘Peasonality?’
“In the midst of this chaos, the performance of hard assets remains amazing -wonderful -amazement,” it summarizes the latest edition of the regular newsletter, “The Week Onchain”Published on April 16th.
“Gold continues to squeeze higher, reaching a new ATH of $ 3,300, as investors fled the traditional safe ownership of Haven. Bitcoin has been sold up to $ 75K at first with risk ownership, but since recovering weeks, the trade has been up to $ 85k, now flat from the explosion.”
Glassnode said gold and BTCs are “increasingly entering the middle of the stage as global neutral assets reserves.”
In terms of BTC price drawdown, analysts emphasized the fact that by historical standards, the DIP compared to all times high remains moderate around 30%.
“In earlier macroeconomic events such as last week, Bitcoin usually experienced greater than -50% seller -off at such events, featuring a level of stability of modern investor sentiment towards possessing during the unpleasant conditions,” it wrote, referring to the Continued US-China trade war.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
