PANews, April 18 – According to Cointelegraph, on April 17, gold prices soared to a record high of $3,357 per ounce, sparking speculation about whether Bitcoin would follow suit. In 2017, after gold had risen by 30% over several months, Bitcoin surged to $19,120. Similarly, during the COVID-19 pandemic in 2020, gold reached a new high of nearly $2,075, followed by Bitcoin skyrocketing to $69,000 in 2021. Historically, whenever gold rises, Bitcoin tends to break through its previous all-time high, reflecting the dynamic relationship between these two assets during economic uncertainty and when investors seek alternatives to the dollar.

Further highlighting the connection between these two assets, Theya's Head of Growth, Joe Consorti, noted that Bitcoin typically follows gold's directional movement with a lag of 100 to 150 days. Consorti stated, "When the money-printing machines start, gold catches the scent first, and then Bitcoin follows with a stronger rally." Considering Consorti’s viewpoint, Bitcoin is expected to reach a new all-time high between the third and fourth quarter of 2025. Anonymous Bitcoin supporter apsk32 anticipates a similar outcome or bull market between July and November.