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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Gold Price Today Hits $3,357 ATH — Is Bitcoin Bull Run Coming?

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Gold Price Today

The post Gold Price Today Hits $3,357 ATH — Is Bitcoin Bull Run Coming? appeared first on Coinpedia Fintech News

The gold spot price hit a new all-time high of $3,357 yesterday, igniting discussions about its possible ripple effect on the Bitcoin market. At the beginning of April, gold was trading at $3,114. However, volatility struck early in the month. Between April 3 and 7, as global markets reacted to President Trump’s aggressive tariff policies, gold dropped by over 4.77%.

A 90-day pause in tariff implementation brought relief. From April 9 to April 16, the gold market rebounded strongly, surging more than 12%.

Bitcoin Bull Run Tied to Gold?

Crypto analysts like Joe Consorti are now watching gold’s rally closely. Consorti believes Bitcoin follows gold’s directional trends with a delay of 100 to 150 days. His claim isn’t without precedent.

In 2017, gold surged by 30% just months before Bitcoin climbed to $19,120. Similarly, in 2020, gold hit $2,075 before Bitcoin peaked at $69,000 in 2021. These past patterns suggest BTC may again be preparing for a major rally following gold’s breakout.

Bitcoin Price Today and What’s Next

According to coinpedia markets, Bitcoin is currently trading at $84,951.59. Over the past year, BTC has gained 36.9%. In April alone, it has grown about 3%. The Relative Strength Index (RSI) sits at 52.62, signaling neutral momentum. While 2025 has been volatile for Bitcoin, with a 17.5% drop in February and 2.19% in March, April appears more stable. 

Analysts Forecast a Massive Bitcoin Bull Run

Joe Consorti and others believe the real BTC rally will begin in Q3 or Q4 2025. Another analyst, Apsk32, expects a breakout between July and November. A technical model using Bitcoin’s power curve time contour chart shows the potential for BTC to enter a parabolic phase in late 2025, with predictions reaching as high as $400,000.

Final Thoughts

With the gold price today setting new records, attention is shifting to Bitcoin. If historical patterns hold, a Bitcoin bull run may be closer than many expect. Investors are now watching for confirmation signals, and a surge above $100,000 could be the first sign that BTC is following gold’s lead once again.

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FAQs

Is Bitcoin price influenced by gold?

Yes, Bitcoin often follows gold’s trends with a delay; past rallies in gold have preceded major BTC bull runs.

How high can Bitcoin go in 2025?

Analysts forecast Bitcoin could reach $400,000 in late 2025 if current bullish trends continue.

What is the highest price that gold has ever been?

Gold hit an all-time high of $3,357 in April 2025, breaking previous records due to rising global uncertainty.

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