Bitcoin-Gold Correlation Hits Zero, Potential for Price Surge

According to Odaily, recent data indicates that the 52-week correlation between Bitcoin and gold has dropped to zero for the first time since mid-2022, with a potential shift to negative by the end of January. Historically, Bitcoin tends to rise by an average of 56% within approximately two months under similar circumstances, suggesting a price range of $144,000 to $150,000. Analysts believe Bitcoin is replicating the bull market trajectory of 2020–2021, transitioning from a prolonged consolidation phase to the early stages of a 'quasi-parabolic' rise. If historical patterns persist, Bitcoin's target price could approach $150,000. The divergence between Bitcoin and gold often signals a strong Bitcoin trend. The current macroeconomic environment is also seen as favorable, with global liquidity increasing (M2 growth) and the Federal Reserve's quantitative tightening nearing its end. Bitwise's research director, Matt Hougan, notes that a new global monetary easing cycle has begun, potentially driving Bitcoin prices upward until 2026.