Analysis: Bitcoin's correlation with gold has turned negative, and historical signals indicate BTC could rise by at least 50%

BTC-1,08%

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.

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GateUser-22989f6avip
· 01-13 18:07
HODL firm 💪
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GateUser-22989f6avip
· 01-13 18:06
Bull Run 🐂
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