Bitcoin (BTC) has a brand new gold-inspired $155,000 goal, as evaluation describes each property as “remarkably spectacular.”
In a put up on X on April 16, common buying and selling and analytics account Cryptollica predicted BTC/USD copying gold to hit new all-time highs subsequent.
Evaluation sees key BTC value similarities to gold
Bitcoin has made the headlines for its incapacity to observe in gold’s record-breaking footsteps in 2025.
Whereas XAU/USD continues to see repeated file highs, BTC/USD is down 9.3% year-to-date, information from Cointelegraph Markets Professional and TradingView exhibits.
Regardless of requires an imminent “blow-off prime” for gold, Bitcoin bulls hope that after a delay of a number of months, its “digital” equal will observe swimsuit.
For Cryptollica, this implies BTC/USD breaking out of a consolidatory wedge construction to swiftly reclaim six figures — and extra.
“Bitcoin midterm goal: 155K $,” it informed X followers.
BTC value efficiency already has numerous potential tailwinds at its disposal, all of which have fueled bull runs previously.
As Cointelegraph reported, these embrace a declining US greenback index (DXY) and all-time highs within the international M2 cash provide.
Bitcoin “remarkably spectacular” throughout commerce battle
Persevering with, onchain analytics agency Glassnode argued that regardless of the worth efficiency disparity, Bitcoin and gold have weathered the present macroeconomic storm remarkably nicely.
Associated: Can 3-month Bitcoin RSI highs counter bearish BTC value ‘seasonality?’
“Amidst this turmoil, the efficiency of arduous property stays remarkably spectacular,” it summarized within the newest version of its common e-newsletter, “The Week Onchain,” printed on April 16.
“Gold continues to surge greater, having reached a brand new ATH of $3,300, as buyers flee to the standard secure haven asset. Bitcoin bought off to $75k initially alongside threat property, however has since recovered the weeks positive aspects, buying and selling again as much as $85k, now flat since this burst of volatility.”
Glassnode stated that gold and BTC are “more and more coming into the centre stage as international impartial reserve property.”
When it comes to the BTC value drawdown, analysts pressured the truth that by historic requirements, the dip versus all-time highs stays modest at round 30%.
“In prior macroeconomic occasions like final week, Bitcoin has sometimes skilled larger than -50% sell-offs in such occasions, which highlights a level of robustness of contemporary investor sentiment in direction of the asset throughout unfavourable circumstances,” it wrote, referring to the ongoing US-China commerce battle.
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a call.
