Does Bitcoin follow the power curve of gold? Analysts forecast 2025 target of $450,000 for the fourth quarter
As gold continues to create new all-time highs (ATH), but trading According to crypto crypto analysts, Bitcoin (BTC) is priced at $3,420, and Bitcoin (BTC) is likely to follow the price trajectory of precious metals soon. The analyst noted that BTC has been tracking Gold’s “power curve” since 2011.
Does Bitcoin reflect gold price action?
In an X post published today, cryptocurrency masters highlight how BTC’s history reflects Gold’s price momentum. However, this year presents a unique situation – this is the first time gold hitting a new ATHS in the Bitcoin bull cycle.
Analysts point out that if Gold holds its current price level and catches up with Bitcoin, the year-end $450,000 BTC is “still on the table.” To achieve this, BTC will require about 430% of the campaign.
Supporting this view, the BTC-GOLD ratio shared by crypto analyst Daan Crypto in a separate X post is currently hovering in 25 posts. He added:
This is a past level, trading between about 16-37 for most of the last four years. Gold has attracted attention here, but we have seen historically that whenever gold appears, BTC usually follows quickly.
If the gold price remains stable and the BTC-gold ratio rises to the upper end of its historical range (about 37), Bitcoin may see a large amount of price appreciation relative to gold. Favorable macroeconomic trends may further accelerate the rise of BTC.
For example, the global M2 currency supply recently reached a new ATH, while BTC is still below its ATH’s $108,786 record, which was recorded in January 2025. Historically, BTC tends to behind Behind the change in M2 supply is 70 to 107 days, which indicates a potential new ATH by June or July 2025.
Meanwhile, momentum indicators such as the relative intensity index (RSI) are signal BTC update strength. In a recent X post, Crypto’s crypto analyst Titan confirmed that BTC has completed its weekly RSI breakthrough, a development that is often seen as bullish.
Traders foresee further disadvantages of BTC
On the other hand, crypto analyst Ali Martinez made a counter-trend view, noting that traders with nearly 60% of public positions are currently betting on further low Bitcoin. The length/short ratio is now 0.67.
Despite bearish sentiment, Bitcoin’s TD order indicator Flashing Buy signals on the weekly chart, which suggests a possible turn to $95,000 in the near term. At the time of writing, BTC was trading at $88,173, up 4.3% in the past 24 hours.
Featured images from unsplash.com, charts for x and tradingview.com
Editing process For Bitcoin experts, focus on thorough research, accurate and impartial content. We adhere to strict procurement standards and each page is diligently evaluated by our top technical experts and experienced editorial team. This process ensures the integrity, relevance and value of our content to our readers.
