Gold prices have set a new record high of $3,357 per ounce on April 17th, sparking speculation about whether Bitcoin will follow suit. Historical data reveals a clear correlation between gold price movements and Bitcoin’s subsequent performance. In 2017, Bitcoin surged by over 30% after gold prices increased significantly in the preceding months. Similarly, during the COVID-19 pandemic in 2020, gold hit a peak of nearly $2,075, followed by a surge in Bitcoin to $69,000 in 2021. This pattern suggests a dynamic relationship between these assets, particularly during periods of economic uncertainty and when investors seek alternative investments to the U.S. dollar.