Bitcoin Mirrors Gold’s Breakout Structure – New ATH Coming In Q2 2025?
By: bitcoinist|2025/05/03 22:30:02
0
Share
Bitcoin is currently trading around the $96,000 mark after a week of strong bullish price action that saw it reach $97,900 — its highest level since the March sell-off. The price now flirts with the psychological $100,000 barrier, a key milestone that could confirm the start of a new macro uptrend. However, global macroeconomic tensions remain, with concerns over inflation, trade conflicts, and monetary tightening still weighing on investor sentiment.Despite the uncertainty, optimism is growing among long-term holders and market participants who expect a breakout in the coming weeks. Top analyst Ted Pillows shared an insightful comparison, suggesting that Bitcoin is currently mirroring gold’s recent price cycle: a deep accumulation phase followed by a breakout to all-time highs. According to Pillows, Bitcoin entered a re-accumulation phase after the March 2024 peak and successfully broke out of it in Q4 2024 — just as gold did before hitting record highs.Now, BTC appears to be following the same trajectory, with investor confidence building as supply tightens and demand climbs. If the pattern continues, a sustained push above $100K could usher in a new leg of the bull cycle, drawing even more capital into the crypto market.Bitcoin Approaches Major Test As It Tracks Gold’s PathBitcoin is once again at a decisive moment, trading just below the highly anticipated $100,000 mark. After weeks of steady gains and a recent push above $97,000, bulls appear confident—but market participants remain cautious. A successful breakout above $100K would not only mark a major psychological milestone, but also signal the start of a new bullish macro phase. However, ongoing macroeconomic tensions, including inflationary pressure, global trade instability, and lingering recession fears, continue to weigh heavily on the broader market.Pillows shared a compelling outlook, noting that Bitcoin appears to be tracing the same path as gold’s recent rally. According to his analysis, BTC underwent a classic accumulation phase in early 2024, similar to gold’s behavior before it reached all-time highs. This was followed by a breakout and re-accumulation, culminating in another breakout during Q4 2024. Since then, Bitcoin entered a months-long consolidation phase, coiling within a defined range and building the necessary strength for its next leg up.Pillows believes that the breakout has already begun and expects a new all-time high to be set in Q2 2025. If this scenario plays out, Bitcoin would likely surpass the $100K resistance and potentially open the door to a fresh wave of capital inflows across the crypto market.BTC Price Consolidates Ahead Of Critical TestBitcoin is trading at $96,500 after several days of tight consolidation just below the $98,000 mark. The recent upward momentum has slowed, but bulls remain in control as BTC holds firmly above key short-term support levels. The $100,000 resistance remains the most important milestone on the horizon—reclaiming it would confirm a breakout and likely ignite the next leg of the bullish cycle.However, price action suggests that the market is waiting for a catalyst to break this range. A decisive move above $98K could set the tone for a push toward six figures, while continued rejection near this level could erode short-term momentum. If Bitcoin fails to hold the $95K support zone, it may trigger a correction into the low $90K region, where the next major support lies around the $88,500 level—home to the 200-day moving average.Overall, the setup remains constructive, but bulls must prove strength soon. With macroeconomic uncertainty still looming and global liquidity conditions tightening, market participants are closely watching for signs of confirmation—or weakness—in Bitcoin’s current structure. Until then, the $95K–$100K range remains the battleground.Featured image from Dall-E, chart from TradingView
You may also like

More brutal than a bear market, OpenClaw founder advises young people to stay away from crypto
This is not just a disdain for financial nihilism, but also a migration of talent, capital, and attention that is currently happening.

JPMorgan and Goldman raise gold price targets; will on-chain finance welcome a new reserve asset cycle?
Wall Street giants adjust gold price expectations, Matrixdock proposes the concept of Reserve Layer: tokenized gold XAUm, with its institutional-grade compliance structure, is evolving into the underlying reserve asset of on-chain finance.

dFans: OnlyFans of the AI Era
As the industrialization capability of AI video matures, the "industrialization singularity" of AI content creation has arrived. Tools like OpenAI, Google Veo, and Runway have achieved controllable creation, significantly lowering the barriers to content production. AI content creators are emerging ...

Tron Industry Weekly Report: Geopolitical Turmoil Escalates, BTC Continues to Test $60,000, Detailed Explanation of the Protocol Konnex for AI Autonomous Collaboration and Settlement on the Chain
TRON Industry Weekly Report
From CTA to AI: The Evolution of Adaptive Quant Strategies in Crypto Markets
Explore how an LLM-powered AI market-neutral trading strategy achieved a 2.75 Sharpe ratio with controlled drawdown. Inside crypto_trade’s adaptive hedging system at the WEEX AI Trading Hackathon.
How 30+ Global Sponsors Powered WEEX AI Trading Hackathon Into a $1.88M Carnival
Discover how 30+ global sponsors including AWS helped power the $1.88M WEEX AI Trading Hackathon, turning AI strategies into live crypto market competition.

Key Market Information Discrepancy on March 2nd - A Must-See! | Alpha Morning Report
1. Top News: Last Night's US-Iran Situation Recap, Iranian High-ranking Officials Killed, Over 200 Ships Stranded in the Strait of Hormuz
2. Token Unlock: $ENA

Iran Missile Strike in Dubai: Three Chinese Nationals Tell Their Story 48 Hours Later
The sound is still in the distance, so the days can still go on.

72 Minutes Before Attack, Six Mysterious Accounts Raked in $1.2 Million
These accounts were all registered in February, with most of them making their first deposit within 24 hours before the attack, and they have no other transaction history. Their behavior closely resembles insider trading.

How to Preserve Life and Wealth in Turbulent Times | Bill It Up Memo
In times of chaos, only through diversified allocation and keen observation can one preserve wealth and life in the face of great changes.

I have given up using OpenClaw
Instead of struggling with expensive and unstable AI assistants, it's better to use Claude to create a more stable, cost-effective, and understanding personal system.

WLFI is involved in insider dealings again? The banking license controversy under a $500 million investment
The UAE's investment in World Liberty Financial has intensified concerns about whether it receives special treatment and whether it involves national security issues.

Morning News | Iranian Supreme Leader Khamenei Assassinated; Kalshi to Refund Fees for "Will Khamenei Step Down" Related Market; Bitcoin Spot ETF Sees Net Inflow of $787 Million This Week
Overview of Important Market Events on March 1

The harvesting tactics of the quantitative giant Jane Street
Quantitative giant Jane Street has been accused of manipulating the liquidity and derivatives of markets such as the Indian stock market and Bitcoin, earning billions of dollars in the process.

Cryptocurrency ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $787 million; the net inflow for Ethereum spot ETFs in the U.S. was $80.2 million
Top universities like Harvard have started to allocate to Bitcoin ETFs in their endowment funds.

WLFI at it Again? Banking License Controversy Amid $500M Investment
The UAE's investment in World Liberty Financial has heightened concerns over whether it received special treatment and whether national security issues are involved

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?
Wall Street asset management giant Apollo Global Management invested $160 million in Morpho.

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
More brutal than a bear market, OpenClaw founder advises young people to stay away from crypto
This is not just a disdain for financial nihilism, but also a migration of talent, capital, and attention that is currently happening.
JPMorgan and Goldman raise gold price targets; will on-chain finance welcome a new reserve asset cycle?
Wall Street giants adjust gold price expectations, Matrixdock proposes the concept of Reserve Layer: tokenized gold XAUm, with its institutional-grade compliance structure, is evolving into the underlying reserve asset of on-chain finance.
dFans: OnlyFans of the AI Era
As the industrialization capability of AI video matures, the "industrialization singularity" of AI content creation has arrived. Tools like OpenAI, Google Veo, and Runway have achieved controllable creation, significantly lowering the barriers to content production. AI content creators are emerging ...
Tron Industry Weekly Report: Geopolitical Turmoil Escalates, BTC Continues to Test $60,000, Detailed Explanation of the Protocol Konnex for AI Autonomous Collaboration and Settlement on the Chain
TRON Industry Weekly Report
From CTA to AI: The Evolution of Adaptive Quant Strategies in Crypto Markets
Explore how an LLM-powered AI market-neutral trading strategy achieved a 2.75 Sharpe ratio with controlled drawdown. Inside crypto_trade’s adaptive hedging system at the WEEX AI Trading Hackathon.
How 30+ Global Sponsors Powered WEEX AI Trading Hackathon Into a $1.88M Carnival
Discover how 30+ global sponsors including AWS helped power the $1.88M WEEX AI Trading Hackathon, turning AI strategies into live crypto market competition.