Bitcoin’s Bull Run Resembles Gold’s – Will It Trigger a New ATH?

Bitcoin appears to be mirroring gold’s bullish trend, sparking anticipation for a potential new all-time high (ATH). Analyst believe this ‘playbook pump’ could lead to another significant price surge for Bitcoin before the anticipated altcoin season commences. 2025 has witnessed a noticeable upward movement in both Bitcoin and Ethereum, with Bitcoin’s price reaching $116,000 at one point and Ethereum hitting $4,200. Despite recent dips, analysts are optimistic about further growth driven by the similarities between Bitcoin’s and gold’s current price action. Could this be a sign of a larger movement? 2025 marks the year when Bitcoin, for example, breaks out of its multi-year ascending wedge structure. This mirrors gold’s historic breakout in 2024, resulting in doubling within 18 months. Experts predict that if Bitcoin follows a similar trajectory, we could witness another significant price surge before altcoin season begins. However, some experts remain cautious, expecting further price drops before any sustained growth. While the recent bullish run has fueled optimism for a future market peak, it’s crucial to recognize the different drivers behind this movement. In essence, Bitcoin and gold are exhibiting similar behaviors, suggesting a potential opportunity for a new ATH. But how long will these patterns hold? 2025 could be pivotal in defining the course of the market’s trajectory. Will this play book pump lead to a new BTC ATH?