BlockBeats news: On January 14, data showed that the 52-week correlation between Bitcoin and gold has dropped to zero, the first time since mid-2022, and it may turn negative by the end of January. Historically, in similar situations, Bitcoin has typically risen by an average of 56% within about two months, corresponding to a price range of approximately $144,000 to $150,000.
The analysis points out that when Bitcoin diverges from gold's price movement, it often signals a strong upward trend for BTC. The current macroeconomic environment is also seen as positive, including a recovery in global liquidity (M2 growth) and the Federal Reserve's quantitative tightening (QT) nearing its end. Matt Hougan, Chief Research Officer at Bitwise, stated that a new global monetary easing cycle has begun, which could continue to drive Bitcoin's price upward through 2026.
From a cyclical structure perspective, analysts believe that Bitcoin's current trend is echoing the bull market pattern of 2020–2021, having transitioned from a long-term consolidation phase into the early stage of a "quasi-parabolic" upward move. If the historical fractal pattern continues, the target price for this BTC cycle could potentially reach around $150,000.