Could Bitcoin be about to skyrocket? One analyst thinks so, predicting a price surge to a whopping $450,000 by the end of 2025. Let’s dive into the details.
Bitcoin Mirroring Gold’s Success?
Crypto analyst Master of Crypto believes Bitcoin’s price is closely tied to gold’s performance. He points out that Bitcoin has historically followed gold’s price trends since 2011. This year is different though – it’s the first time gold has hit record highs during a Bitcoin bull run. If gold stays strong and Bitcoin catches up, that $450,000 target is still possible. That would be a roughly 430% increase!
The BTC-to-Gold Ratio: A Key Indicator
Another analyst, Daan Crypto Trades, backs this up. He highlights the Bitcoin-to-gold ratio, which is currently around 25. Historically, this ratio has fluctuated between 16 and 37. If it moves towards the higher end of that range (around 37), Bitcoin could see a significant price jump relative to gold’s price.
Macroeconomic Factors and Momentum
The global money supply recently hit a record high, and Bitcoin is still below its all-time high from January 2025. Historically, Bitcoin lags behind changes in the money supply by 70-107 days. This suggests a potential new all-time high for Bitcoin could happen as early as June or July 2025. Plus, technical indicators like the Relative Strength Index (RSI) are showing positive momentum for Bitcoin. One analyst even noted a bullish breakout in the weekly RSI.
Not Everyone’s Convinced: Bearish Sentiment Remains
However, it’s not all sunshine and rainbows. Analyst Ali Martinez points out that a significant number of traders on Binance are betting against Bitcoin, expecting further price drops. The long/short ratio is currently at 0.67. Despite this bearish sentiment, another technical indicator, the TD Sequential, flashed a buy signal, suggesting a potential short-term rise to $95,000.
The Bottom Line
At the time of writing, Bitcoin is trading at $88,173. While some analysts predict a massive price surge to $450,000 based on its historical relationship with gold and positive technical indicators, others remain cautious due to bearish trader sentiment. Only time will tell if Bitcoin will follow gold’s lead to new heights.
