FameEX Hot Topics | Gold’s New Highs Often Precede Bitcoin Rallies Within 150 Days, Historical Trends Show

The price of gold soared to a record high of $3,357 per ounce on April 17, prompting renewed speculation on whether Bitcoin will follow its historical trend of surging after gold rallies. This pattern has played out in the past, most notably in 2017 and 2020. In 2017, Bitcoin hit $19,120 a few months after gold experienced a 30% price increase. Again, in 2020 during the COVID-19 pandemic, gold reached $2,075 before Bitcoin skyrocketed to its all-time high of $69,000 in 2021.

Historically, Bitcoin tends to exceed its previous highs following significant gains in gold. This correlation often emerges during times of economic uncertainty, as both assets are viewed as hedges against the U.S. dollar. Joe Consorti, head of growth at Theya, emphasized this connection, noting that Bitcoin typically follows gold’s price direction with a lag of 100 to 150 days. “When the printer roars to life, gold sniffs it out first, then Bitcoin follows harder,” Consorti remarked.

Based on this observation, Bitcoin could potentially reach new all-time highs between the third and fourth quarters of 2025. Anonymous crypto analyst apsk32 echoed this outlook, forecasting a bullish window between July and November. Drawing from past Bitcoin market cycles and the “power curve time contours,” apsk32 predicted a parabolic breakout during late 2025, with prices potentially climbing as high as $400,000. This projection is based on a power law model that compares Bitcoin’s market cap to gold’s and expresses BTC’s value in ounces of gold rather than U.S. dollars.

Galaxy Digital CEO Mike Novogratz recently reinforced the relevance of Bitcoin and gold in the current macroeconomic climate. In an interview with CNBC, he described both assets as “key indicators of financial stewardship,” particularly during periods of economic instability. He called the current environment a “Minsky Moment” for the U.S. economy—an inflection point marked by high volatility and fiscal risk.

Novogratz further warned that despite a 10% year-to-date decline in equities, markets are underestimating the scale of macroeconomic shifts. He pointed to rising tariffs and Trump-era policies as sources of uncertainty. With interest rates climbing and the dollar weakening, Novogratz believes the U.S. is beginning to resemble an emerging market—underscored by growing concerns over deficits and the nation’s $35 trillion debt.

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.