Odaily Planet Daily News: Data shows that the 52-week correlation between Bitcoin and gold has dropped to zero, the first time since mid-2022, and 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. From a cycle structure perspective, analysts believe Bitcoin's movement is now mirroring the bullish path of 2020–2021, having transitioned from a long-term consolidation phase into the early stage of a "quasi-parabolic" rise. If the historical fractal pattern continues, the target price for BTC in this cycle may reach around $150,000. A divergence between Bitcoin and gold often signals a strong upward trend for BTC. The current macroeconomic environment is also seen as positive, including a global increase in liquidity (M2 growth) and the Federal Reserve's quantitative tightening (QT) nearing its end. Matt Hougan, head of research at Bitwise, stated that a new global monetary easing cycle has begun, which could continue to drive Bitcoin prices upward through 2026. (Cointelegraph)
BTC and Gold Divergence Hits Zero, May Signal Strong Bullish Trend
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Summary
Bitcoin's 52-week correlation with gold has dropped to zero, the first time since mid-2022, and could turn negative by late January. This divergence often signals a bullish trend for Bitcoin. Historical data shows that BTC typically surges by 56% within two months, reaching $144,000–$150,000. Analysts observe a 2020–2021 pattern emerging, with a parabolic rise expected. A global liquidity rebound and a slowdown in the Federal Reserve's quantitative tightening (QT) support the bullish outlook. Readings from the fear and greed index suggest that market sentiment is shifting toward optimism. Bitwise's Matt Hougan notes that a new easing cycle could push BTC higher through 2026.
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