Amid global trade turmoil and investor flight from risk, global gold prices (XAU/USD) have surged to nearly $3,300 per ounce in April 2025 — marking the highest level in history. Global gold breaks previous records.

Meanwhile, Bitcoin, once hailed as the modern safe haven, is now trading at its lowest level in the past five months, patiently awaiting its next breakout move. It’s crucial to observe if global gold breaks continue to influence Bitcoin trends.

Market Highlights: Gold vs. Bitcoin

Gold

• 📈 Reached all-time highs near $3,300
• ✅ 22% growth since the beginning of 2025
• ✅ 52 new price records in the past 12 months
• ✅ Regarded as the “Global Safe Haven” by traditional investors
• ⚠️ Peter Brandt warns: Gold may be in a “Blow-off Top” phase — a rapid, unsustainable price surge

Bitcoin

• 📉 Under pressure, trading at multi-month lows
• 🔻 Bitcoin ETF assets under management dropped from $106B to $92B
• 🧲 Despite successful launches, ETFs have yet to attract traditional investors
• 📉 Glassnode data shows signs of institutional uncertainty and hesitation

Read More: Exploring Alternative Investments: Gold, Crypto & Beyond

What is a “Blow-off Top”?

🔺 A Blow-off Top describes a situation where the price of an asset rises sharply and quickly, typically due to market hype or emotional investing, followed by a sudden crash or steep correction. In the case of gold, many traders believe the current price is irrationally high and could soon face a major pullback. Global gold breaks usually precede such events.

📊 Analysis: Is Bitcoin’s Turn Coming?

A widely held belief among crypto analysts is that Bitcoin tends to mirror gold’s trends with a time lag.

“When gold rallies, about 100 days later, Bitcoin not only follows — it grows even faster.”
— Anthony Pompliano, Founder of Professional Capital Management

🔹 With gold reaching its peak, many analysts expect Bitcoin to enter a powerful rally, especially if gold corrects in the near future and global gold breaks show downward trends.

Source