Will Bitcoin Surge Alongside Gold? Historic Cycles Point to Explosive Price Prediction

Description

Bitcoin (BTC/USD) is regaining momentum as a macro hedge, with its correlation to gold snapping back into positive territory. As of April 25, the 30-day Pearson correlation between Bitcoin and gold stood at 0.54—up sharply from a low of -0.67 in February. That reversal reflects a renewed alignment between two key safe-haven assets amid growing global uncertainty. In February, Bitcoin tumbled 17% from $102,000 to $84,000, while gold ticked up from $2,800 to $2,850. That divergence sparked a rare ...