Market Update

The analyst says that the trend of gold ascending shows that Bitcoin is unprecedented

An analyst Exy says that the lifting of gold shows that the vertical bitcoin that he has not yet done, described it as the BTC scheme, has been unprecedented.

Bitcoin (BTC) recorded a remarkable recovery on Monday, as it prepared levels of more than $ 87,000, as the market momentum turned up after the decline in early April. According to market data, the leading Crypto reflected a lot of the last recession after forming a dual -bottom technical pattern of about 74,000 dollars to $ 75,000 in 7 and 9 April.

Since then, prices have increased steadily, indicating an increase of 3.6 % over a 24 -hour period and extending to an increase of 3.5 % over a period of 7 days. Data from the past 14 days also showed a moderate force, with 15.1 % increase.

Bitcoin scheme we have never had

While Bitcoin continued its recovery, analysts turned their attention to gold, which recorded very slope gains since early 2024. The market analyst, which is called Exy, indicated that gold has provided a kind of vertical price movement awaited by Bitcoin investors.

According to the analyst’s scheme, the precious metal increased from about 2,600 dollars to more than $ 3,000 this year, with the minimum correction and strong bullish momentum. In addition, the current weekly graph showed a long accelerated candle style.

For example, since the beginning of this year, gold rose from about 2600 dollars to $ 3,383 during the analyst’s snapshot. This means that the original has risen about 30.12 % on an annual basis. On the other hand, Bitcoin collapsed by more than 6 % during the same period.

If the coded virgin has risen with the same percentage of gold since January 1, its price during the analyst’s snapshot would have been about 121,012 dollars, and it represents the highest new level ever. However, on a wider scale, Bitcoin outperformed gold since the beginning of last year, an increase of 120 % while gold only has an increase of 57 %.

Separately, Cryptollica It was identified The penetration wedge pattern in the last price activity of BTC. As published on April 16, the analyst presented the Bitcoin goal in the middle of the period of $ 155,000, indicating that the step may reflect the last rapid rise of Gold, albeit in late fashion.

Bitcoin flexibility with reaffirmation of historical growth trends

Meanwhile, the latest weekly news message for Glassnode High How was the performance of bitcoin and gold in the total economic turmoil. The company confirmed that these assets were firm, while the assets of traditional risks stumbled.

Glassnode has reported Bitcoin’s decrease to $ 75,000 during sales on the broader market, which followed a rapid decrease to $ 85,000, which neutralized weekly fluctuations. Meanwhile, gold has ever created new levels above $ 3,300.

In a broader historical context, Glassnode emphasized the behavior of the bitcoin market. Current withdrawals are still less than 30 %, which is less severe than previous declines that exceed 50 % during previous geopolitical events.

Interestingly, in a previous report, TED, a businessman and an encryption analyst, Trace Bitcoin value against gold during the past decade. From April 2015 to April 2025, Bitcoin increased by 13,693.69 %, significantly exceeding 156 % of gold during the same period.

According to TED, Bitcoin was trading near $ 200 in April 2015, while the price of gold was about $ 1,200 an ounce. As of April 2025, Bitcoin reached about $ 84,000, which is a 33,500 % jump of the year 2011 of $ 1. The comparison also extended to 1933, when gold was traded at $ 20.67 an ounce. As of 2025, it increased to more than $ 3,300, indicating fixed but slower compared to Bitcoin’s explosive performance that lasted for a decade.

Included: This content is media and should not be considered a financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the basic opinion of encryption. Readers are encouraged to conduct comprehensive research before making any investment decisions. Crypto Basic is not responsible for any financial losses.



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