Key Takeaways:
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Bitcoin’s new highs of over $ 122,000 were translated into 29% year-to-date acquisitions, reaching 27% of gold.
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The BTC price uptrend remains elastic as an upwardly parallel channel that targets $ 125,000 to the next.
Bitcoin (Btc) has performed a “uninterrupted rally” in the last five days, Pressing a full time high to $ 122,000 on Monday. Bitcoin is around 29% year-to-date, putting it slightly in gold, which gained about 27% in 2025.
Bitcoin and Gold “are the leading performance of major properties until 2025,” Chief Market Strategist in Creative Planning, Charlie Bilello, Says In an X post on Sunday, adding:
“We have never seen these two in number one and two places for any calendar year.”
Gold (+28%) and Bitcoin (+26%) are the leading performance of the main possession until 2025. We have never seen these two in #1/ #2 spots for any calendar year. $ Gld $ Btc
VIDEO: https://t.co/8Ppyzehrh9 pic.twitter.com/xiqzuqf7q6
– Charlie Bilello (@charliebilello) July 13, 2025
Bitcoin hit 23-week high against gold
The BTC price against gold struck a 23-week high last seen on January 31, expanding the monthly gains against the “analog” store-of-value rival.
The price of Bitcoin in gold rose to 36.54 ounces on Monday, up to 25% since June 22, as geopolitical and economic uncertainty are pushing for non -productive ownership higher.
Related: Strategy Bags Another $ 472m on BTC as Bitcoin jumps into new highs
Gold and Bitcoin are called “non -productive possession” because they do not generate income, dividends or interests such as stocks, bonds, or real estate, which rely rather than price appreciation for returns.
The BTC/XAU ratio fell to 41 in December 2025 and is currently almost 12% below that level.
“Since Thursday, $ BTC has created a new ATH on USD day -day terms,” Says Market Intelligence Firm Glassnode on a Monday post on X, featuring the These fresh all-time highs hits Earlier in the day.
“BTC is still ashamed of ATH in CHF and gold terms,” the firm wrote, added:
“But compared to gold, it’s now at the highest level since early February – after the release of always since June 22.”
Bitcoin’s investor and research analyst Tuur Demeester said His followers “expect fireworks” once the BTC will surely break above the price of 1 kilogram of gold, which is around $ 108,000 at the time of writing.
The bitcoin near an all-time high in gold. Expect fireworks when we definitely break more than 1 kg/btc. pic.twitter.com/tzabyvu8fn
– Tuur Demeester (@TuurdeSer) July 14, 2025
“Bitcoin’s relentless rally does not show signs of fatigue, which has dropped the past $ 122K as momentum accelerates,” said the Crypto trading firm QCP Capital at BTC’s new all-time highs.
On a Monday of Telegram Note to investors, the company added that the BTC price outperformance came from stable institutional appetite, proven by $ 2 billion-plus last week’s last week Net inflows in the spots bitcoin etfs, A clear signal of growing participation.
“The market appears to be dissatisfied with the strength of this parabolic move, driven by a decisive technical breakout and a sharp pickup on institutional demand.”
Bitcoin’s upward channel targets $ 125,000
Bitcoin’s price traded at $ 121,600 on Monday, up to 3% in the past 24 hours, per data from Cointelegraph Markets Pro and Tradingview. BTC price action led to the formation of an ascending parallel channel at the time -chart.
“$ BTC submitting good, respected the median as a resistance, and now is pushing for the upper border of the upward parallel channel,” Bitcoin’s alphabtc analyst analyst Says In his latest review of X.
The chart below shows that if the BTC has successfully reached the resistance from the middle border, the next logical move is the upper channel border to $ 125,000.
The Analyst added that the US CPI reading on Tuesday could push BTC prices toward this target.
“Bitcoin 125k next.”
The BTC/USDT 24 -hour Heatmap shows a huge cluster of liquidity over $ 123,000 to $ 125,000, per Data from coinglass.
Heavy bid orders are carried out around $ 120,000, suggesting that the price may go down to collect this liquidity before continuing to climb.
As cointelegraph reportedBitcoin’s breakout at many hours of frames can unlock $ 130,000 to $ 150,000 to the next.
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.
