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Will Bitcoin rise to the sky along with gold? Historical cycles indicate a prediction of a price explosion.
Bitcoin (BTC/USD) is regaining growth momentum as a macro barrier, with the correlation with gold rising back to positive levels. As of April 25, the 30-day Pearson correlation between Bitcoin and gold is 0.54—rise to the sky compared to the low of -0.67 in February. The reversal reflects a new connection between two important safe-haven assets in the context of increasing global uncertainty. In February, Bitcoin dropped 17% from 102,000 USD to 84,000 USD, while gold rose from 2,800 USD to 2,850 USD. This divergence caused a rare disruption in the correlation, but it was only temporary.
Since March, Bitcoin has risen by more than 10%, while gold has increased by 5%, both tracking new demand for alternative stores of value. Meanwhile, the US Dollar Index has decreased by 4%, reinforcing the appeal of inflation-resistant assets. Historical data supports the possibility of this "reunion" continuing. Since 2020, the correlation of Bitcoin with gold has dropped below -0.50 on 18 occasions. In 17 of those cases, it recovered above 0.5 within a week. Bitcoin outperforms gold, signaling liquidity turnover Bitcoin is not only reconnecting with gold but is also starting to outperform gold. Macroeconomic analyst Ted (@TedPillows) noted this change in a recent tweet: "$BTC is currently catching up very quickly. Since the bottom, BTC has risen nearly 25% and is now outperforming Gold and SPX. Interestingly, Gold is trending down, which indicates that the liquidity rotation from Gold to BTC has begun. I have said this before: 'When Gold pumps, BTC pumps even harder.'" This supports a broader narrative of capital flowing out of traditional safe havens into higher beta assets as macro risks evolve. The relative strength of Bitcoin - combined with its speculative price appreciation potential - once again makes it the preferred choice for institutional players who favor risk. The main trends to pay attention to: BTC outperforms gold and the S&P 500 since March. The correlation recovered from -0.67 to 0.54. The continuous weakness of the US Dollar Index. Trump's tariffs reignite "Digital Gold" trade The recovery of Bitcoin also reflects recent macro developments. Following the announcement of the "Liberation Day" tariffs by President Trump, BTC rose more than 10%, while gold increased by 5%. The US dollar index fell by 4% in response, highlighting new pressure on confidence in fiat currency. This macro context reinforces the role of Bitcoin as a hedge tool during times of policy and geopolitical tensions: BTC rise to the sky more than 10% Gold increase 5% DXY decrease 4% With the instability in trade policies and upcoming economic data, investors are once again seeking opportunities to access scarce assets. The story of Bitcoin's digital scarcity is making headlines once again. Technical setup: Bitcoin aims to break through $98K Technically, Bitcoin is consolidating just below $95,000, holding above the uptrend line and 50 EMA ($94,015). Recent support near $93,760 has held twice, while resistance remains at $95,850. A confirmed breakout could open the door to $97,500 and $98,800. For merchants: Entry idea: Over $96,000 in volumeStop loss: Below $94,000Target rise: $97,500 and $98,800 The MACD momentum is currently neutral, but any spike in volume could trigger a higher impulsive move. The trend remains intact, and historical correlation patterns suggest that this could just be the beginning.