Deep Tide TechFlow News, on October 7, according to Cointelegraph, Bitcoin has regained its correlation with gold, both recently reaching historical highs, with gold prices showing strong trends, having risen over 50% this year to date, outperforming Bitcoin (which has seen an increase of about 33.5% during the same period). However, analysts believe that despite Bitcoin's rise lagging behind that of gold, if it continues to follow gold's upward trend, there may be a significant surge by the end of the year. Although there is also the possibility of a correction, overall, the fourth quarter will be significant for Bitcoin.

Lightspark co-founder David Marcus expects that if Bitcoin's value equals that of gold, the price of one Bitcoin could reach $1.3 million, and breaking into seven figures is just a matter of time.