crypto for all
Join
A
A

Bitcoin: 2 To 3 Weeks Before A New ATH, According To Experts!

17h05 ▪ 4 min read ▪ by Evans S.
Getting informed Bitcoin (BTC)

What if bitcoin rose from its ashes to brush against unexplored peaks? As gold sets records, reaching apocalyptic heights, all eyes turn to the king of cryptocurrencies. Caught between fleeting turbulence and hopes fueled by precious metals, BTC oscillates between doubt and brilliance. But one burning question remains: is the prophecy of a historic peak in the coming weeks credible or just a speculative mirage?

A financial expert in a dark suit intently examines his watch, which features the Bitcoin symbol, while his glasses reflect the same logo. In the background, a stock market chart shows an upward trend, all depicted in a 1970s comic book style with an orange, black, and white color palette.

Immediate Turbulence: Between Fake News and Macroeconomic Reality

On February 11, bitcoin lost $1,500 in one hour, weighed down by a persistent rumor: Binance allegedly liquidated its BTC, ETH, and SOL reserves massively.

Although the platform denied it, the emotion was enough to shake the markets. A harsh reminder: in the crypto universe, perceptions often forge reality. Traders, hypersensitive to signals, reacted in a cascade, revealing latent volatility.

Meanwhile, gold climbed to $2,942 per ounce, driven by a frenzy of physical purchases. COMEX vaults saw their stocks soar by 115% in two months, surpassing pandemic levels.

According to The Kobeissi Letter, this rush is explained by the explosion of the American deficit ($838 billion borrowed in four months) and the distrust towards government bonds. Gold embodies a refuge against rampant inflation and erratic monetary policies.

If gold thrives, BTC seems temporarily lagging behind. Liquidity injections by the Fed, although traditionally stimulating risky assets, struggle to counterbalance regulatory fears and market manipulation. While gold serves as an economic barometer, bitcoin still fights to establish itself as its digital alter-ego, despite a budding correlation.

But this divergence may only be a prelude. For in the shadows, experts plot a bold scenario: an explosive catch-up.

The Promising Latecomer: When Bitcoin Follows Gold’s Path

Historically, bitcoin has mirrored gold’s movements with a three-month lag. Michaël van de Poppe, a seasoned analyst, sees it as an imminent opportunity:

“BTC will reach a new peak in 2 to 3 weeks,” he asserts, highlighting an “ideal entry zone” around $90,000. A prophetic chart circulates, mixing technical anticipation and faith in cycles.

Charles Edwards, founder of Capriole Investments, adds: “If gold rises, BTC eventually explodes — often stronger.”

According to him, the rise of the yellow metal signals systemic distrust. Central banks and Asia are stockpiling gold, fearing uncontrollable inflation.

Bitcoin, limited to 21 million units, embodies a more agile alternative. Its divergence from gold would thus become inevitable, driven by a tech-savvy youth and growing institutional adoption.

One obstacle remains: the timeline. Edwards mentions a delay of 3 to 6 months for BTC to catch up with gold. But the macroeconomic urgency — gaping deficits, negative real rates — could accelerate the process. Traders are on the lookout for a signal: a weekly close above $70,000 would validate the momentum. In the meantime, the market holds its breath, torn between opportunism and caution.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.



Join the program
A
A
Evans S. avatar
Evans S.

Fasciné par le bitcoin depuis 2017, Evariste n'a cessé de se documenter sur le sujet. Si son premier intérêt s'est porté sur le trading, il essaie désormais activement d’appréhender toutes les avancées centrées sur les cryptomonnaies. En tant que rédacteur, il aspire à fournir en permanence un travail de haute qualité qui reflète l'état du secteur dans son ensemble.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.