BlockBeats News, January 14 — Data shows that the 52-week correlation between Bitcoin and gold has dropped to zero for the first time since mid-2022, and may turn negative by the end of January. Historically, in similar situations, Bitcoin has typically risen by an average of 56% within about two months, corresponding to a price range of approximately $144,000 to $150,000.
Analysis indicates that divergence between Bitcoin and gold trends often signals a strong upward movement for BTC. The current macro environment is also viewed as bullish, including the rebound in global liquidity (M2 growth) and the nearing end of Federal Reserve quantitative tightening (QT). Matt Hougan, Head of Research at Bitwise, stated that a new round of global monetary easing has begun, which could continue to drive Bitcoin prices higher until 2026.
From a cyclical perspective, analysts believe that Bitcoin’s trend is replicating the bull market path of 2020–2021, having shifted from a long-term consolidation phase into the early stage of a “quasi-parabolic” rally. If this fractal pattern continues, the target price for BTC in this cycle may be around $150,000.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
X's Nikita Bier Roasts Top Bitcoin Account Network - U.Today
A Bitcoin influencer, known as "The ₿itcoin Therapist," faced account monetization loss due to alleged inauthentic behavior. Nikita Bier dismissed his emotional plea, pointing out his use of multiple accounts, leading to community support for focusing on quality content instead.
UToday5m ago
Federal Reserve Hawk Signals Hit Bitcoin, Multiple OGs Sell Over $100 Million BTC
The Federal Reserve held interest rates steady and hinted at a slower pace of rate cuts, triggering a major sell-off by early Bitcoin holders and causing Bitcoin's price to decline nearly 1% to $70,600. Market adjustments to rate cut expectations have impacted the overall cryptocurrency market trajectory, with investors needing to monitor the Federal Reserve's policy impact on crypto assets.
GateNews22m ago
CryptoQuant: Bitcoin and Gold Correlation Falls to Nearly 4-Year Low, Showing Clear Divergence in Trends
The correlation between Bitcoin and gold has fallen to its lowest level since November 2022, showing a clear divergence in their trajectories. Despite Bitcoin's recent rebound to $70,000, bearish pressure is intensifying, and investors need to monitor key support levels and gold price movements to gauge market direction.
GateNews24m ago
A certain CEX's 24-hour trading volume reached $1.596 billion, with XRP, BTC, and ETH ranking in the top three
According to CoinGecko data, on March 19, a certain CEX had a trading volume of $1.596 billion, up 19.31% from the previous day. The top five tokens by trading volume were XRP, BTC, ETH, BARD, and USDT.
GateNews26m ago