What if Bitcoin was reborn from the ashes to graze the unexplored peaks? While gold broke records, reaching apocalyptic peaks, looks turn to the king of cryptocurrencies. Between transient turbulence and hopes fed by precious metals, the BTC oscillates between doubt and dazzling. But a question burns the lips: is the prophecy of a historic summit in the coming weeks, or is it only a simple speculative mirage?
Immediate turbulence: between fake news and macroeconomic reality
On February 11, Bitcoin lost $ 1,500 in an hour, weighed down by a tenacious rumor: Binance would have massively liquidated its BTC, ETH and Sol reserves.
Although the platform denied, emotion was enough to shake the markets. A brutal reminder: in the crypto universe, perceptions often forge reality. Traders, hypersensitive to signals, reacted in cascade, revealing latent volatility.
Meanwhile, gold climbed $ 2,942 per ounce, fed by a frenzy of physical purchases. Comex chests saw their stocks jump 115 % in two months, exceeding pandemic levels.
For The Kobeissi Letter, this rush is explained by the explosion of the American deficit (838 billion borrowed in four months) and distrust of state obligations. Gold embodies a refuge in the face of rampant inflation and erratic monetary policies.
If gold prosperous, the BTC seems temporarily lagging behind. The injections of liquidity by the Fed, although traditionally stimulating risky assets, struggle to counterbalance regulatory fears and market manipulations. While gold serves as an economic barometer, Bitcoin is still struggling to establish itself as its alter-ego digital, despite an emerging correlation.
But this divergence may be just a prelude. Because in the shadows, experts draw a daring scenario: an explosive catch -up.
The promising delay: when Bitcoin follows the trace of gold
Historically, Bitcoin would reply the movements of gold with a three -month shift. Michaël Van de Poppeexperienced analyst, sees it as an imminent opportunity:
“The BTC will reach a new summit in 2 to 3 weeks,” he said, highlighting an “ideal entry area” around $ 90,000. A prophetic graph circulates, mixing technical anticipation and faith in cycles.
Charles Edwards, founder of Capriole Investments, adds: “If gold rises, the BTC ends up exploding – often stronger. »»
According to him, the rise in yellow metal reflects systemic distrust. Central banks and Asia store gold, dreading uncontrollable inflation.
Bitcoin, limited to 21 million units, embodies a more agile alternative. Its rotation in relation to gold would then become inevitable, carried by a technophile youth and an increasing institutional adoption.
There remains a pitfall: deadlines. Edwards evokes a delay of 3 to 6 months so that the BTC followed by gold. But macroeconomic emergency – abyssal deficits, negative real rate – could speed up the process. Traders are watching for a signal: a weekly closure above $ 70,000 would validate the momentum. In the meantime, the market holds its breath, torn between opportunism and prudence, according to our technical analysis of February 11.
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