- Bitcoin closely follows the pattern observed in Gold’s Wyckoff stages.
- This current accumulation phase is likely to be followed by massive upside action.
- The potential of Bitcoin repeating Gold’s success in the future is very high.
A recent study conducted between the Gold and Bitcoin charts yielded very similar results in market cycles, specifically, in its Wyckoff and accumulation phases. Both assets exhibit nearly the same price movement that leads toward the possibility of future rallies. The picture of Gold is full of strong trend upward gestures with the “Bullish Flag” format ending within $3,000 by 2025. In contrast, Bitcoin’s chart, which also shows the characteristic Wyckoff distribution stage, indicates that Bitcoin is likely to be inducted back into the accumulation stage after a consolidation phase.
#Gold vs #Bitcoin – 8pm March 17th pic.twitter.com/NxNiMmcpoQ
— MartyParty (@martypartymusic) March 17, 2025
This sets up a pattern on the same figure as Gold for a possible price movement of $125,000 by mid-2025. This comparison leads these two assets to the conclusion that Bitcoin could take a very similar path to Gold’s bullish rally if a successful breakout from current consolidation takes place.
The Wyckoff Patterns: Accumulation and Distribution Phases
The Wyckoff methodology identifies accumulation, distribution, and re-accumulation phases. Both gold and bitcoin’s charts show the emergence of these phases very clearly. In gold, the accumulation takes place between 2015 and 2018, during which time the price goes up slowly and finally breaks out. The price peaked in values at the highest point yet in 2023 in 2021. On the other hand,
Bitcoin is in a distribution phase, aptly labeled as “Cup and Handle,” which occurred between mid-2021 to mid-2022. This led to further decline in Bitcoin’s price. It seems Bitcoin is entering a re-accumulation phase around 2023, thus setting the stage for a possible onward rally to $125,000 by mid-2025, mirroring Gold’s rise from $1,800 to an anticipated peak of $3,000.
The Bullish Potential of Bitcoin: A Journey Towards $125,000
Price action has indicated that Bitcoin may be observing a very similar pattern to that of Gold in the coming future, going closer to new heights. As Bitcoin preparing itself to be primed for another bullish move after it clears its distribution phase and enters its re-accumulation phase, a target price of $125,000 is still obtainable by 2025, provided that the asset breaks through several resistance levels.
This prediction validates its technical pattern that Bitcoin will experience a similar bullish rally with price targets that are more than double of its current value. Bitcoin’s move resonates completely with that seen before Gold at earlier stages in the market, with steady growth in price before large explosions.