CoinsValue.net logo CoinsValue.net logo
CoinDesk 2025-10-01 21:34:49

When Could Bitcoin Break Out to New Highs? Watch Out for Gold

Stocks printed fresh records and gold is on a tear crossing $3,900, but the last leg higher in traditional markets left bitcoin (BTC) behind. The largest crypto, often touted as digital gold, has been stuck in a $100,000–$120,000 range for nearly three months after setting new highs in July and August. The lag fits a pattern. Over the past couple of years, gold and bitcoin have taken turns: when gold breaks out, bitcoin tends to consolidate; when gold cools, BTC often resumes the advance. From January into April, BTC plunged about 30% while gold kicked off its next leg, rising roughly 28% to $3,500 at the height of the global tariff tantrum. Gold then stalled into August, and bitcoin took the baton, rallying about 60% from trough to peak to notch fresh records. Bitcoin to catch up when gold tires "Gold likes low rates and a weak economy, whereas bitcoin likes them firm," said Charlie Morris, chief investment officer at ByteTree, in a recent report . "Because bitcoin likes a super strong economy, and low rates are associated with economic slumps." He added that the BTC–gold relationship is loose: the 90-day correlation has averaged around 0.1 — "basically zero." Right now, gold is in a lockout rally toward $4,000, up about 17% across a seven-week winning streak. Bitcoin, meanwhile, is still ranging below $120,000. If the recent rhythm holds, a pause in gold, or even a sideways drift, could be the tell for BTC’s next break out of the range and another run at records. "The good news for bitcoin is that sooner or later, gold will get tired," Morris said.

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约