Gold (XAU) recently fell 2.9% after hitting an all-time high of $4,380/oz, while Bitcoin (BTC) gained nearly 4%, suggesting a possible rebound.
Analysts see BTC forming a bottom pattern, with RSI at its lowest since April — similar to past 60%+ rebounds.
The Bitcoin-to-gold ratio has reached levels historically linked to major market bottoms (2015, 2018, 2020, 2022).
Analysts’ predictions:BTC could hit $150K–$165K by year-end (Cointelegraph, JPMorgan).
A break above $120K may trigger a sharp rally (Charles Edwards).
Gold outlook: HSBC expects $5,000/oz by 2026, driven by global tensions and weak USD.
📊 Summary: Bitcoin may be bottoming out as gold cools, setting up a potential strong rebound ahead.
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BTC78,696.77-0.32%