#TrumpVsPowell When gold hits historical highs, Bitcoin tends to follow in 150 days according to analysis
Historical data shows that the price of Bitcoin usually rebounds 150 days after gold's historical highs.
When gold hits historical highs, Bitcoin tends to follow in 150 days according to analysis
The price of gold soared to a new historical high of $3,357 per ounce on April 17, fueling speculation about whether Bitcoin would follow suit.
In 2017, Bitcoin surged to $19,120 after gold experienced a 30% increase a few months earlier. Similarly, gold reached a new high of nearly $2,075 in 2020 during the COVID-19 pandemic, which preceded Bitcoin's rise to $69,000 in 2021.
