Bitcoin plummets, gold soars! Will BTC drop to $10,000?
Bitcoin (BTC) has been sluggish recently, down 10.5% since early 2025, with the current price around $83,706. Meanwhile, gold has soared 17.56%, currently quoted at $3,085. Notable gold supporter Peter Schiff even warns that if gold breaks $5,000, BTC could plummet to $10,000!
Bitcoin vs Gold: Is the crypto market facing its darkest hour?
📉 Market Trend: The price of Bitcoin is closely related to the US stock market, with the S&P 500 index dropping 5.44%, leading to a corresponding decline in BTC.
📈 Gold rises independently: Since the beginning of this year, gold prices have continued to rise, increasing in value by 32.8% relative to BTC. Currently, 1 ounce of gold is approximately equal to 0.0368 BTC, well above the level at the beginning of the year.
🚨 Bearish:
🔹 Peter Brandt points out that a bearish wedge pattern has appeared on the BTC daily chart, potentially dropping to $65,635.
🔹 Michael van de Poppe emphasizes that $84,000 is a key support level, and if it breaks, BTC may face a deeper correction.
🔥 Bullish:
🔹 ByteTree founder Charlies Morris believes BTC has bottomed out, with limited downside.
🔹 Robert Kiyosaki, author of Rich Dad Poor Dad, is optimistic about gold and silver, stating that silver may outperform BTC in the future!
Where is Bitcoin headed in the future?
🔹 In the short term, attention should be paid to the key support at $84,000; if it breaks, it may accelerate the decline.
🔹 Gold continues to strengthen, potentially diverting market funds and increasing pressure on the crypto market.
🔹 In the long term, BTC still possesses safe-haven attributes; whale movements are worth monitoring!
The market is unpredictable, and future trends are unclear. Pay attention to Mr. Zhao, follow the market trends closely, and seize the latest investment opportunities!#金价走高 #土狗冲锋 #加密市场回调 #BTC #xrp $BTC $XRP $SOL
