Bitcoin Mirrors Gold’s Breakout Structure – New ATH Coming In Q2 2025?
The post Bitcoin Mirrors Gold’s Breakout Structure – New ATH Coming In Q2 2025? appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is currently trading around the $96,000 mark after a week of strong bullish price action that saw it reach $97,900 — its highest level since the March sell-off. The price now flirts with the psychological $100,000 barrier, a key milestone that could confirm the start of a new macro uptrend. However, global macroeconomic tensions remain, with concerns over inflation, trade conflicts, and monetary tightening still weighing on investor sentiment. Despite the uncertainty, optimism is growing among long-term holders and market participants who expect a breakout in the coming weeks. Top analyst Ted Pillows shared an insightful comparison, suggesting that Bitcoin is currently mirroring gold’s recent price cycle: a deep accumulation phase followed by a breakout to all-time highs. According to Pillows, Bitcoin entered a re-accumulation phase after the March 2024 peak and successfully broke out of it in Q4 2024 — just as gold did before hitting record highs. Now, BTC appears to be following the same trajectory, with investor confidence building as supply tightens and demand climbs. If the pattern continues, a sustained push above $100K could usher in a new leg of the bull cycle, drawing even more capital into the crypto market. Bitcoin Approaches Major Test As It Tracks Gold’s Path Bitcoin is once again at a decisive moment, trading just below the highly anticipated $100,000 mark. After weeks of steady gains and a recent push above $97,000, bulls appear confident—but market participants remain cautious. A successful breakout above $100K would not only mark a major psychological milestone, but also signal the start of a new bullish macro phase. However, ongoing macroeconomic tensions, including inflationary pressure, global trade instability, and lingering recession fears, continue to weigh heavily on the broader market. Pillows shared…
Filed under: News - @ May 3, 2025 2:22 pm