Analysts Project $155,000 Target Following Gold's All-Time Highs

Analysts Project $155,000 Target Following Gold's All-Time Highs

The post Analysts Project $155,000 Target Following Gold’s All-Time Highs appeared on BitcoinEthereumNews.com. TLDR Bitcoin is being compared to gold, with analysts predicting BTC could reach $155,000 by following gold’s recent momentum Gold has hit new all-time highs of around $3,300-$3,357 per ounce while Bitcoin trades at $84,625 Historically, Bitcoin has followed gold’s price movements with a lag of 100-150 days Despite being down about 10% …

Bitcoin Set to Explode After Gold's Rally: Here’s When It Could Break All-Time Highs

The long-standing correlation between the two assets is drawing fresh attention as both Bitcoin and gold emerge as investor favorites amid growing economic uncertainty. “When the printer roars to life, gold sniffs it out first, then Bitcoin follows harder,” Consorti explained, pointing to historical patterns where BTC lags behind gold’s price action by about 100 to 150 days. This “lag effect” has played out in previous cycles, where gold rallies…

Bitcoin May Rally Following Gold’s All-Time High, Historical Trends Suggest Possible Surge Ahead

As Bitcoin’s price awaits further movement, its correlation with gold is under intense scrutiny following the precious metal’s recent all-time high. With gold reaching $3,357 per ounce on April 17,

The price of gold showed a strong rally, rising to $3,337 as a result of trade wars and economic uncertainty. During the same period, Bitcoin's trend of historically following gold rallies has turned attention to digital gold.Read more:Gold Rally Gains Speed, Eyes on Bitcoin & #...