Bitcoin ETF

Bitcoin

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Bitcoin’s market capitalization has skyrocketed by an astounding 350,000% since its inception compared to its traditional safe-haven rival, gold. 
New signals suggest that Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="https://cointelegraph.com/bitcoin-price">BTC</a>) may be on the verge of another extended price rally, signaling renewed momentum against the precious metal.
<h2 id="bitcoin-may-grow-over-400-against-gold-in-2025">Bitcoin may grow over 400% against gold in 2025</h2>
The BTC/GLD ratio chart compares the assets’ performance and could serve as a barometer to gauge BTC’s adoption rate compared to gold. For instance, the rise in the ratio reflects Bitcoin outperforming gold in terms of market cap performance and vice versa.
<a data-ct-non-breakable="null" href="https://x.com/PeterLBrandt/status/1837621965407818193" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/PeterLBrandt/status/1837621965407818193">According</a> to veteran market analyst Peter Brandt, the Bitcoin-to-gold ratio may rise by more than 400% in 2025. Brandt cites a classic technical pattern for his extremely bullish outlook.
Dubbed inverse head-and-shoulders (IH&amp;S), the pattern develops when the price forms three consecutive troughs, with the middle trough — called the head — deeper than the other two, called the left and right shoulders. The pattern forms beneath a common support line called the neckline.
As a rule of technical analysis, an IH&amp;S pattern resolves when the price breaks above the neckline while accompanying a rise in trading volumes. In doing so, it rises by as much as the maximum distance between the neckline and the head’s deepest point. 
<figure>
 <img alt="Is Bitcoin set for 400% gains against gold? Veteran analyst weighs in" name="" src="https://s3.cointelegraph.com/uploads/2024-09/0192191a-961c-710e-9579-dd5e0811a11d">
 <figcaption style="text-align: center;">
 BTC/GLD weekly ratio chart. Source: Peter Brandt
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</figure>
Applying the same technical principle on the BTC/GLD ratio chart brings its upside target to around 123. In other words, the price of 1 BTC may equal 123 ounces of gold as early as 2025, up by over 400% compared to 24 ounces as of Sept. 22, 2024.
<h2 id="bitcoin-etf-market-set-to-grow-to-220b">Bitcoin ETF market set to grow to $220B</h2>
The idea of Bitcoin overtaking gold has been fueled by its rapid adoption, particularly by institutional investors and the launch of Bitcoin exchange-traded funds (ETFs), which have bolstered Bitcoin’s presence in investment portfolios.
The approval of Bitcoin ETFs has resulted in inflows of over $17.69 billion since January 2024, with projections that <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-overtakes-gold-investor-portfolio-jpmorgan" rel="" target="_self" text="null" title="https://cointelegraph.com/news/bitcoin-overtakes-gold-investor-portfolio-jpmorgan">the Bitcoin ETF market could grow</a> to as much as $220 billion by 2027, using gold ETFs as a benchmark​.
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/blackrock-bitcoin-etf-10-billion-aum-beating-first-gold-spdr" rel="" target="_self" text="null" title="https://cointelegraph.com/news/blackrock-bitcoin-etf-10-billion-aum-beating-first-gold-spdr">First gold ETF took 2 years to hit $10B, this Bitcoin ETF did it in 2 months</a>
In addition, experts like Anthony Scaramucci argue that Bitcoin will eventually surpass gold’s market capitalization within the next decade, <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-market-cap-surpass-gold-anthony-scaramucci" rel="" target="_self" text="null" title="https://cointelegraph.com/news/bitcoin-market-cap-surpass-gold-anthony-scaramucci">citing BTC’s advantages, such as scarcity and portability</a>.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Is Bitcoin set for 400% gains against gold? Veteran analyst weighs in

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