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
Bitcoin’s $67.9K Weekly Open: Hold or Cascade?
_Bitcoin’s weekly open at $67.9K is the line traders are watching. Lose it and $65K looms. Hold it, and $69.5K becomes the next target._
Bitcoin dropped 4.5% this week. That number is not just a bad day on the charts. It points to something that traders following the structure have been watching
LiveBTCNews18m ago
Bitcoin Bear Market Is Still Here, and BTC Could Plunge Under $50K: Analysts Warn
After a solid multi-day run, the primary cryptocurrency lost momentum again, dipping below $70,000.
Numerous analysts caution that the bears still control the market, expecting much more substantial price declines in the near future.
Where’s the Bottom?
-------------------
The recent FOMC
CryptoPotato29m ago
Bitcoin Erases March Gains as Q1 Losses Top 25% Amid Geopolitical Friction
Bitcoin's price has declined below $66,000 amid geopolitical tensions and poor U.S. market performance, leading to significant losses in the crypto market. Investor sentiment is dampened as recession fears grow.
Coinpedia31m ago
Bitcoin DeFi on Cardano Reaches Milestone With First BTC-ADA Atomic Swap
The crypto sector may be struggling with the ongoing bear market, but some projects are relentlessly building and expanding their ecosystems. One such is Cardano, which just hit a milestone in its Bitcoin decentralized finance (DeFi) integration, by completing the first atomic swap between BTC and t
CryptoPotato33m ago
