On April 17, the international gold price soared to a record high of $3,357 per ounce. According to previous historical patterns, every time the gold price rises sharply, the Bitcoin price will usher in a surge within 150 days. In 2017, within a few months after the gold price rose by 30%, the Bitcoin price soared to $19,120; and during the 2020 COVID-19 pandemic, after the gold price rose to $2,075, Bitcoin hit a record high of $69,000 in 2021.
This rising pattern of the two is often particularly prominent during periods of global economic instability, mainly because both are seen as excellent tools to hedge against US dollar risks. Joe Consorti, head of growth at Theya, said: “Every time gold prices surge, Bitcoin prices will surge within 100 to 150 days. This is because when the printing presses start roaring, gold smells the scent first, and then Bitcoin follows, and the rise will be even stronger.”
According to this pattern, Bitcoin prices are likely to hit new highs between the third and fourth quarters of 2025. Anonymous crypto analyst apsk32 also expressed a similar view, predicting that July to November this year will be an important window for rising prices. Based on previous market cycles and the so-called “power law curve time profile”, apsk32 predicts that Bitcoin prices will usher in a parabolic rise by the end of 2025, and the price may soar to $400,000.
Galaxy Digital CEO Mike Novogratz also recently emphasized the importance of Bitcoin and gold for hedging in the current macroeconomic environment in an interview with CNBC. He called them “key indicators of financial governance,” especially in times of economic turmoil. He called the current US economy a “Minsky moment” – an inflection point of increased volatility and rising fiscal risks.
Novogratz further warned that despite a 10% year-to-date decline in stocks, the market is still underestimating structural changes in the macroeconomy. He pointed out that rising tariffs and the return of Trump-era policies have increased uncertainty. With rising interest rates and a weaker dollar, the United States is gradually taking on the characteristics of an emerging market, and fiscal deficits and a $35 trillion national debt have also exacerbated market concerns.
