Is Bitcoin Following in Gold's Footsteps? Similar Trends, Expected to Reach New Highs in Q3 2025
Bitcoin's pullback after reaching an all-time high earlier this year is not only healthy but also highly consistent with the recent bullish trend of gold. Technical analysis indicates that the price pattern of Bitcoin, although different in time frame from gold, shares a similar structure.
Gold's historical pattern began with the initial distribution phase from 2011 to 2013, followed by a prolonged accumulation period that lasted until mid-2019. After establishing a solid foundation, gold prices entered a re-accumulation phase that extended to 2023, followed by explosive growth, recently breaking through the $3,300 per ounce high.
After rising to $69,000 at the end of 2021, Bitcoin entered a distribution phase in 2022. In 2023, it formed a typical accumulation structure, subsequently breaking through $45,000, and entering a re-accumulation phase by the end of 2024, mirroring gold's price movement before its breakout.
Bitcoin is expected to break through in Q3 2025.
It is noteworthy that after gold initially rose to slightly over $2,750 new highs, a similar pullback occurred during its rebound phase, just as Bitcoin did after its peak. This indicates that Bitcoin's current price action is not weak but rather a consolidation before the next upward move. Much like gold's vertical rise after re-accumulating within a box, Bitcoin may soon follow suit.
Based on fractal similarities and overall trend behavior, it is predicted that Bitcoin will reach a cyclical peak of $125,000 - $130,000 in Q3 2025.
#BTC