BlockBeats News, January 14 — Data shows that the 52-week correlation between Bitcoin and gold has dropped to zero for the first time since mid-2022, and may turn negative by the end of January. Historically, in similar situations, Bitcoin has typically risen by an average of 56% within about two months, corresponding to a price range of approximately $144,000 to $150,000.
Analysis indicates that divergence between Bitcoin and gold trends often signals a strong upward movement for BTC. The current macro environment is also viewed as bullish, including the rebound in global liquidity (M2 growth) and the nearing end of Federal Reserve quantitative tightening (QT). Matt Hougan, Head of Research at Bitwise, stated that a new round of global monetary easing has begun, which could continue to drive Bitcoin prices higher until 2026.
From a cyclical perspective, analysts believe that Bitcoin’s trend is replicating the bull market path of 2020–2021, having shifted from a long-term consolidation phase into the early stage of a “quasi-parabolic” rally. If this fractal pattern continues, the target price for BTC in this cycle may be around $150,000.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Raoul Pal: Global liquidity and BTC correlation reach 90%, and the market is in a historically oversold state
Raoul Pal stated on March 8th that global liquidity is a key macro factor, highly correlated with BTC and NDX since 2012, with an annual growth of about 10%. He pointed out that liquidity remains loose and predicted that the US will further cut interest rates to stimulate disposable income. The crypto market is currently oversold, and the next two weeks will be a critical period to watch.
GateNews2m ago
If Bitcoin drops below $66,000, the total liquidation strength of long positions on mainstream CEXs will reach $514 million.
News from March 8th shows that if Bitcoin drops below $66,000, the long liquidation strength on mainstream exchanges will reach $514 million; if it breaks through $69,000, the short liquidation strength will reach $794 million. The liquidation chart illustrates the market impact and liquidity response.
GateNews16m ago
Woo on BTC Price: 'Bull Trap Incoming' - U.Today
Willy Woo warns investors against short-term optimism in Bitcoin's price, indicating a potential bear trap despite possible relief rallies. He emphasizes that the market remains in a bearish phase and that the current conditions do not signify a market bottom.
UToday1h ago
Bitcoin Dip May Continue as Retail Buys Under $70K, Santiment Says
Bitcoin has shown renewed volatility as buyers and sellers clash at key levels. Retail participants have been loading up after the price dipped below $70,000, while larger holders have been trimming positions. Over a period spanning Feb. 23 to Mar. 3, Bitcoin traded roughly between $62,900 and $69,6
CryptoBreaking1h ago
ETH/BTC Ratio Locks Into Tight Range – Why the 0.03 Level Is the Key to Ethereum’s Next Big Move
The ETH/BTC ratio indicates ongoing hype in altcoin season and the continuing march of Bitcoin to new heights. Ethereum and Bitcoin are moving closely together than they have before (with little distance between them) as indicated by the ETH/BTC ratio reaching some of the tightest historical
BlockChainReporter2h ago
