Analysis: BTC Divergence from Gold Intensifies, Possibly Signaling Start of Strong Uptrend

According to Odaily, data shows that the 52-week correlation between Bitcoin and gold has dropped to zero for the first time since mid-2022 and may turn negative by the end of January. Historically, under similar circumstances, Bitcoin has typically risen by an average of 56% within about two months, corresponding to a price range of approximately $144,000 to $150,000. From a cyclical structure perspective, analysts believe Bitcoin's price action is mirroring the 2020–2021 bull market path, having transitioned from a prolonged consolidation phase into the early stage of a "quasi-parabolic" rise. If this historical fractal pattern continues, BTC's target price for this cycle could point to around $150,000. Divergence between Bitcoin and gold's price movements often signals that BTC is about to enter a strong uptrend. The current macro environment is also seen as favorable, including a recovery in global liquidity (M2 growth) and the nearing end of the Federal Reserve's quantitative tightening (QT). Matt Hougan, Head of Research at Bitwise, stated that a new global monetary easing cycle has begun and may continue to drive Bitcoin's price upward through 2026. (Cointelegraph)