When gold price hits new highs, history shows âBitcoin followsâ within 150 days â Analyst
The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin would follow. In 2017, Bitcoin rallied to $19,120 after gold witnessed a 30% hike a few months earlier. Similarly, gold reached a new high near $2,075 in 2020 during the COVID-19âŚ