{"id":50612,"date":"2025-10-01T21:46:40","date_gmt":"2025-10-01T21:46:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50612"},"modified":"2025-10-01T21:46:40","modified_gmt":"2025-10-01T21:46:40","slug":"when-could-bitcoin-break-out-to-new-highs-watch-out-for-gold","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50612","title":{"rendered":"When Could Bitcoin Break Out to New Highs? Watch Out for Gold"},"content":{"rendered":"<div>\n<p>Stocks printed fresh records and gold is on a tear crossing $3,900, but the last leg higher in traditional markets left bitcoin (BTC) behind.<\/p>\n<p>The largest crypto, often touted as digital gold, has been stuck in a $100,000\u2013$120,000 range for nearly three months after setting new highs in July and August.<\/p>\n<p>The lag fits a pattern. Over the past couple of years, gold and bitcoin have taken turns: when gold breaks out, bitcoin tends to consolidate; when gold cools, BTC often resumes the advance.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/53331567e7bce2ea7fb3c26e298d3c0154855acb-2284x1342.png?auto=format\" alt=\"BTC versus gold (TradingView)\" title=\"BTC versus gold (TradingView)\"><\/p>\n<p>From January into April, BTC plunged about 30% while gold kicked off its next leg, rising roughly 28% to $3,500 at the height of the global tariff tantrum. Gold then <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/04\/23\/with-gold-stalling-is-it-bitcoins-turn-traders-eye-95k-as-key-breakout-level\">stalled<\/a> into August, and bitcoin took the baton, rallying about 60% from trough to peak to notch fresh records.<\/p>\n<h3>Bitcoin to catch up when gold tires<\/h3>\n<p>&#8220;Gold likes low rates and a weak economy, whereas bitcoin likes them firm,&#8221; said Charlie Morris, chief investment officer at ByteTree, in a <a href=\"https:\/\/www.bytetree.com\/research\/2025\/09\/gold-steals-the-limelight\">recent report<\/a>. &#8220;Because bitcoin likes a super strong economy, and low rates are associated with economic slumps.&#8221; He added that the BTC\u2013gold relationship is loose: the 90-day correlation has averaged around 0.1 \u2014 &#8220;basically zero.&#8221;<\/p>\n<p>Right now, gold is in a lockout rally toward $4,000, up about 17% across a seven-week winning streak. Bitcoin, meanwhile, is still ranging below $120,000.<\/p>\n<p>If the recent rhythm holds, a pause in gold, or even a sideways drift, could be the tell for BTC\u2019s next break out of the range and another run at records.<\/p>\n<p>&#8220;The good news for bitcoin is that sooner or later, gold will get tired,&#8221; Morris said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stocks printed fresh records and gold is on a tear crossing $3,900, but the last leg higher in traditional markets left bitcoin (BTC) behind. The largest crypto, often touted as digital gold, has been stuck in a $100,000\u2013$120,000 range for nearly three months after setting new highs in July and August. The lag fits a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50612","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50612"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50612\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}