Bitcoin’s Price Future: A Battle Between Gold and Macro Conditions
Bitcoin’s price is currently around $105,500. It’s been volatile lately, with over $1 billion in liquidations. The price is also below its 200-day simple moving average.
Gold has become the world’s second-largest reserve asset, overtaking the euro. This shift is due to U.S. trade tensions and banking sector issues. These factors have boosted gold’s appeal as a safe haven.
However, Bitcoin coudl still rally. If macro conditions stabilize and ETF demand returns, BTC could hit $112K-$115K. This would open the door to $120K-$125K. Gold’s rise might even help Bitcoin by reinforcing the “digital gold” narrative.
But there are risks. If central banks favor gold over financial assets, capital may leave crypto. ETF outflows or weak liquidity could also hurt. A drop below $100K could lead to further losses.
For now, Bitcoin is in a $100K-$112K zone. A sustained close above $112K-$115K would be bullish. But if gold’s dominance continues,the price could fall to $95K-$98K.
The market’s next move depends on whether traders see gold as a rival or a reinforcement of Bitcoin’s role.
