LONDON (IT BOLTWISE) – The possibility of Bitcoin price following gold’s parabolic rise is being widely discussed by analysts. If Bitcoin actually mimics the price of gold, this could lead to a significant price increase. Analysts predict that Bitcoin could reach new highs by January 2026.
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The discussion surrounding the price development of Bitcoin has gained momentum in recent weeks, particularly with regard to possible parallels with the gold market. Crypto analyst Colin has raised the possibility that Bitcoin could experience a similar parabolic rise as gold has seen in the past. This assumption is based on the observation that both gold and stocks have reached new all-time highs in recent months.
Colin argues that if Bitcoin follows the price of gold, another uptrend could begin as early as next week. He highlights that despite the current market weakness, which has pushed the Bitcoin price below the $100,000 mark, a renewed rise is not out of the question. This assessment is supported by the predictions of Standard Chartered, which predicts a Bitcoin price between $150,000 and $200,000 by the end of the year.
Another aspect that Colin considers is the delay in the flow of money into the crypto market. He points out that gold’s peak could provide an indication of Bitcoin’s future peak if the timeline is pushed back by 80 days. If this trend continues, Bitcoin could rise to $175,000 by January 2026.
However, Colin emphasizes that these predictions are not set in stone and that many other metrics also point to positive price developments. He points to the 1150-day SMA, which marked Bitcoin’s peak in previous bull markets. Since this average line does not yet coincide with the high of the last cycle, Colin sees further potential for the Bitcoin price to rise until late December or early January.
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