Analyst Exy said the gold summit shows a vertical breakout that Bitcoin has yet to offer, and is called the chart so far.
Bitcoin (BTC) recorded a notable recovery on Monday, reviving levels above $87,000 as market momentum rose following the pullback in early April. Market data shows that major cryptocurrencies overturned most of the recent recession after forming a technical double bottom pattern around the $74,000 to $75,000 range on April 7 and 9.
Since then, prices have risen steadily, showing a 3.6% increase of 24 hours and an increase of 3.5% over seven days. Data over the past 14 days also showed moderate intensity, up 15.1%.
Bitcoin charts we didn’t have
While Bitcoin continues to recover, analysts have turned their attention to money, which has been recording sudden profits since early 2024. A market analyst at X, called Exy, said gold is offering the vertical price movement that Bitcoin investors have been waiting for.
Gold that looks like a Bitcoin chart we didn’t have. pic.twitter.com/ppxgecqp3d
– Exy (@eth_exy) April 21, 2025
Precious metals have surged from around $2,600 to more than $3,000 this year, with minimal revisions and strong bullish momentum, according to analyst charts. Additionally, the current weekly chart showed a long, accelerated candle pattern.
For example, since the beginning of this year, gold has skyrocketed from around $2,600 to $3,383 during analyst snapshots. This means that assets have skyrocketed around 30.12% since the start of the year. In contrast, Bitcoin collapsed by more than 6% within the same period.
If the crypto’s firstborn had surged at the same rate as Friday since January 1, the price in the analyst’s snapshot was around $121,012, representing the new all-time high. However, on a broader scale, Bitcoin has outperformed gold since its launch last year, with gold only increasing 57%.
Separately, Cryptollica Cryptollica It will be identified Breakout wedge patterns in BTC’s recent pricing activities. As posted on April 16, analysts predicted a medium-term Bitcoin target of $155,000, suggesting that the move could reflect the recent rapid rise in gold, albeit in a lagging way.
Bitcoin’s resilience as historical trends reaffirm growth
Meanwhile, GlassNode’s latest weekly newsletter Highlighted How did both Bitcoin and Gold work amid the turbulence of the macroeconomics? The company highlighted that while these assets remained firmly held, traditional risk assets have declined.
GlassNode rebounded quickly to $85,000, neutralising weekly volatility after saying Bitcoin fell to $75,000 during the sale of a wider market. Meanwhile, gold has established a fresh, top-high above $3,300.
In a broader historical context, GlassNode highlighted Bitcoin’s mature market behavior. The current drawdown remains below 30%, but this is less severe than the previous decline of over 50% in past geopolitical events.
Interestingly, in previous reports, Crypto entrepreneur and analyst Ted Tracking Bitcoin’s value against gold over the past decade. From April 2015 to April 2025, Bitcoin surged by 13,693.69%, significantly surpassing Gold’s 156% during the same period.
According to TED, Bitcoin was traded nearly $200 in April 2015, while gold was priced at around $1,200 per ounce. As of April 2025, Bitcoin had hit around $84,000, a 33,500% jump from its price of $1 in 2011. This comparison goes back to 1933, when gold traded at $20.67 per ounce. As of 2025, it rose to over $3,300, indicating consistent, but slower growth compared to Bitcoin’s explosive decade-long performance.
