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Gold Price Today Hits $3,357 ATH – Analyst Predicts Bitcoin Bull Run Soon!

Published by
Vignesh S G

Gold reached a new all-time high of $3,357 yesterday, sparking fresh discussions about how this might affect Bitcoin. At the start of April, gold was trading at $3,114. But early in the month, markets were shaken. Between April 3 and 7, gold fell by more than 4.77% as global investors reacted to President Trump’s aggressive tariff announcements.

Relief came when the U.S. government announced a 90-day pause on the tariffs. Between April 9 and 16, gold rebounded sharply – rising more than 12% in just one week.

Now, analysts are wondering: could this be the beginning of another major Bitcoin rally? The connection between these two assets runs deeper than it seems – and the next few months could get interesting.

Does Bitcoin Follow Gold’s Lead?

Crypto analyst Joe Consorti believes Bitcoin often follows the direction of gold, though with a delay of about 100 to 150 days. And there’s some history behind that idea.

In 2017, gold climbed 30% just months before Bitcoin surged to $19,120. Again in 2020, gold hit $2,075 before Bitcoin shot up to its all-time high of $69,000 in 2021. If those trends hold, Bitcoin may be setting up for another big run.

Bitcoin Price Today and What’s Next

According to Coinpedia Markets, Bitcoin is currently trading at $84,951.59. Over the past year, BTC has gained 36.9%. In April alone, it has grown about 3%. The Relative Strength Index (RSI) sits at 52.62, signaling neutral momentum. While 2025 has been volatile for Bitcoin, with a 17.5% drop in February and 2.19% in March, April appears more stable. 

Looking Ahead: Could Late 2025 Be the Big Move?

Joe Consorti and others believe the real Bitcoin rally could start in the second half of the year, sometime in Q3 or Q4. Another analyst, known as Apsk32, predicts a breakout window between July and November.

A technical model that tracks Bitcoin’s power curve time contour suggests the coin could enter a parabolic growth phase by late 2025, with possible price targets as high as $400,000.

All Eyes on Bitcoin

With gold setting new records, attention is quickly turning to Bitcoin. If past patterns repeat, a major rally could be on the horizon. Traders are now watching closely for key signals, especially a breakout above $100,000, which many see as the first clear sign that Bitcoin is once again following gold’s lead.

As one market breaks records, another quietly gathers momentum!

FAQs

Is Bitcoin price influenced by gold?

Yes, Bitcoin often follows gold’s trends with a delay; past rallies in gold have preceded major BTC bull runs.

How high can Bitcoin go in 2025?

Analysts forecast Bitcoin could reach $400,000 in late 2025 if current bullish trends continue.

What is the highest price that gold has ever been?

Gold hit an all-time high of $3,357 in April 2025, breaking previous records due to rising global uncertainty.

Vignesh S G

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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