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Gold has achieved new all-time highs in 2025, and Bitcoin seems poised to follow, trading near $93,700. Analysts suggest BTC could surge toward $100K soon, backed by strong technical indicators, whale accumulation, and rising M2 supply trends. However, short-term volatility remains a key risk factor.
With gold holding fast at approximately $3,350 per ounce on April 25, 2025, just off its historical high of $3,500 it appears that there is potentially a color of the event. In the meantime, Bitcoin (BTC) is valued at roughly $93,700, resilient following a rough-but-volatile headstart to the month.
Analysts are beginning to ask: As gold races to new all-time highs, will Bitcoin follow closely behind?
Growing correlations between the two assets and changing macroeconomic conditions call for a significant move ahead.
Historically, Bitcoin has frequently followed gold's macrobehavior, acting as a hedge against inflation, monetary debasement, and financial instability. Yet, this year represents a rather rare divergence.
While gold has reached new all-time highs amid surging inflation expectations and geopolitical risks, Bitcoin currently sits about 22% below its January 2025 peak of $108,786.
Master of Crypto, a prominent figure in the cryptocurrency analysis landscape, notes that Bitcoin has been tracking gold's "power curve" since 2011. In a recent analysis, he identified this as the first time gold has hit new highs while Bitcoin is in a bull cycle, indicating that he sees it as a potential catch-up rally for Bitcoin.
"If gold keeps to this path and BTC walks the old history cast, we might be seeing BTC nudging $450,000 by the end of 2025," Master of Crypto remarked in a rather fresh X post.
It means Bitcoin must almost in flight display an increase of 430% over current or present figures.
The BTC-to-gold ratio, which measures how many ounces of gold are needed to buy one Bitcoin, is currently adjusted to be close to 25. It had typically fluctuated within those values of between 16 and 37 over the past four years.
According to Daan Crypto Trades, another well-regarded market analyst, this level also served as a launching pad for Bitcoin. "Once it goes gold, it doesn't take long before Bitcoin follows suit," Daan added, suggesting that if this measure goes back up into the 37 range, relative price action for Bitcoin could skyrocket.
Adding to the other argument, the M2 money supply recently reached a new all-time high. Historical lag between variations of M2 and BTC typically lies in the range of 70-107 days which, by this information, brings us on the path for BTC to hit a new all-time high probably by June or July 2025.
Relative Strength Index (RSI): BTC has accomplished a weekly RSI breakout, typically indicating the initiation of a robust bullish phase.
TD Sequential Indicator: Recent flash in buying Bitcoin with weekly potential, possibly reaching $95,000 soon.
Therefore, while these two indicators have predicted the upside for the short term, they must also consider macroeconomic conditions and investment sentiment.
The market analyst Ali Martinez has stated that almost 60% of traders with their positions opened on Binance are currently shorting Bitcoin, with the long/short ratio standing at 0.67.
Martinez warned that, despite good readings from momentum indicators, the skewed trader positioning may set the ground for temporary volatility with some wild corrections before the major upside initiation occurs.
A 30.26% drop in Bitcoin derivatives volume over the last 24 hours was recorded at $85.04 billion, while open interest increased by 2.16% to $64.78 billion, suggesting that traders are holding positions but trading activity has cooled.
Big financial institutions remain bullish on Bitcoin's long-term prospects:
Standard Chartered reaffirmed its prediction of $200,000 BTC by the end of 2025 and $500,000 by 2028, citing Bitcoin's use as a hedge against government and financial sector risk.
ARK Invest has even bolder predictions for Bitcoin, claiming that it can reach $2.4 million by 2030 if institutions accelerate adoption and Bitcoin captures a considerable fraction of global wealth.
Gold has already broken through key psychological barriers in 2025, showcasing its traditional safe-haven appeal amid market uncertainty. Bitcoin, while slightly behind, shows all the classic signs of preparing for a significant move.
If gold stabilizes at new highs and Bitcoin continues its historical pattern of trailing monetary trends like the M2 supply surge, it shouldn't take much longer than a few months before we briefly consider Bitcoin testing and exceeding the $100,000 mark.
On the other side, traders should be cautious: some pretty heavy short-interest graces the derivatives market, and volatility may be expected before the actual breakout materializes.
Bitcoin's time to mirror gold's movement could be upon us sooner than most think.
