Bitcoin Following Gold’s Footsteps? Analyst Sets Mid-Term Target At $155,000

Bitcoin Following Gold’s Footsteps? Analyst Sets Mid-Term Target At $155,000


As gold continues to set new all-time highs (ATH) – trading at $3,333 per ounce at the time of writing – Bitcoin (BTC) has seen more subdued price action, consolidating in the mid-$80,000 range. However, analysts suggest that the top digital asset may soon mirror gold’s recent momentum.

Bitcoin Set To Follow Gold’s Momentum?

In a recent post on X, crypto trading account Cryptollica hinted that BTC may be poised to replicate gold’s historic price movement seen over the past few months. The account shared the following chart, highlighting the striking similarities between the price actions of gold and BTC.

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