Recent price movements in the crypto market point to potential bullish momentum for Bitcoin as gold prices experience a pullback. Analysis from Cointelegraph suggests that Bitcoin could surge to between $150,000 and $165,000 by year’s end, fueled by technical analysis indicating a possible bottoming of the cryptocurrency. While gold has experienced a correction following its record-high price point of around $4,380 per ounce, it remains up over 62% year-to-date, with a recent drop of about 2.9%. Bitcoin’s performance during this period shows significant gains, bouncing from its lowest point in four months near $103,535, and its relative strength index (RSI) is at its lowest since April, signaling potential bullish momentum resembling previous rebounds of 60% or more. This inverse relationship between Bitcoin and gold suggests that Bitcoin’s price may be bottoming out.