Odaily Planet Daily News: Crypto analyst Apsk32 states that Bitcoin following gold to reach new highs is a popular theory among bullish investors. Historically, Bitcoin tends to follow gold's rise a few months after gold increases. As the price of gold rises to a historic high of $3,500 per ounce, the future price trajectory of Bitcoin also looks brighter. Apsk32 mentions the concept of the 'momentum curve,' which measures Bitcoin's price in ounces of gold to avoid the effects of dollar inflation. If Bitcoin's network value (measured in gold) continues to evolve along the momentum curve, and gold maintains its current price, while Bitcoin's price returns to the leading support track for five years, we might see a target of $444,000 this year. However, this week, Apsk32 believes a more 'reasonable' target price for 2025 could be around $220,000. He also stated that if Bitcoin's price breaks through $250,000, it would be beyond the expected range. (Cointelegraph)

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