Bitcoin may follow gold’s upward price trajectory, analysts suggest. Master of Crypto predicts a potential BTC price of $450,000 by Q4 2025, contingent on gold maintaining its value. Factors include the BTC-to-gold ratio, M2 money supply changes, and technical indicators showing bullish momentum. However, a significant percentage of traders are betting on Bitcoin’s decline, introducing caution in projections.
As Bitcoin (BTC) continues to evolve, analysts suggest it may follow the price trajectory of gold, which recently reached an all-time high (ATH) of $3,420 per ounce. According to crypto analyst Master of Crypto, Bitcoin has historically mirrored gold’s price movements since 2011. This year is particularly noteworthy as gold is setting new ATHs during a Bitcoin bull cycle.
Master of Crypto indicates that if gold maintains its price, a target of $450,000 for BTC by the end of 2025 is feasible, requiring a significant 430% increase in Bitcoin’s price. Another crypto analyst, Daan Crypto Trades, noted the BTC-to-gold ratio is approximately 25, which has historically fluctuated between 16 and 37. If this ratio rises, Bitcoin could appreciate significantly against gold.
Favourable macroeconomic conditions, such as the M2 money supply reaching an ATH, support this bullish view on Bitcoin, which remains about 22% below its record high of $108,786 from January 2025. Bitcoin’s past behaviour shows a lag of 70 to 107 days behind changes in M2 supply, hinting at a potential new ATH by mid-2025. Additionally, momentum indicators like the Relative Strength Index (RSI) suggest renewed strength in Bitcoin, corroborated by analyst Titan of Crypto.
Conversely, analyst Ali Martinez highlights a bearish sentiment among traders, noting that roughly 60% are betting on Bitcoin’s decline, reflected in a long/short ratio of 0.67. Despite this pessimism, Bitcoin’s TD Sequential indicator has given a buy signal, indicating a possible short-term rise to $95,000, as BTC is currently priced at $88,173, marking a 4.3% increase in the last day.
In summary, while some analysts predict a significant rise in Bitcoin’s price linked to gold’s performance, others remain cautious due to prevailing bearish sentiments among traders. Investors are advised to monitor both the evolving market dynamics and macroeconomic indicators closely for future price trajectories.
