Bitcoin is once again demonstrating strength, simultaneously breaking through key resistance levels against both the US dollar and gold. This dual breakout, occurring within just a week, could signal the end of the bearish phase and the beginning of a new, powerful growth cycle.
Attentive market observers have noticed that the Bitcoin-to-gold price ratio (BTC/gold) turned around earlier than the exchange rate against the dollar. This is an important indicator that often foreshadows a trend reversal. Thus, the peak in BTC/gold was reached in December 2024, while the dollar-denominated high was only recorded in October 2025. Logically, the lows also formed in reverse order: the bottom against gold came in February 2026, and against the dollar in July, with a difference of roughly five months.
It was precisely this sequence that fueled pessimism among investors. Bitcoin was updating dollar records but was simultaneously losing ground to gold. Any, even minor, decline in the exchange rate was perceived painfully, especially against the backdrop of past cycles where the coin consistently lagged behind the precious metal.
Synchronous Breakout and Its Causes
Now the situation has changed dramatically. Over the past week, Bitcoin has risen by approximately 21%, approaching the $79,000 mark. In my observation, such a sharp surge was triggered by the US Treasury Department's decision to buy back long-term bonds, which added liquidity to the markets.
The key point is that Bitcoin broke through important levels simultaneously against both the dollar and gold. Over the month, the coin has gained more than 22% against the USD and 6.6% against gold. Such a synchronous breakout is an extremely positive signal, indicating a shift in the global trend.
Despite the rapid growth, some correction is quite possible. However, as practice shows, any significant decline will be met with strong demand from buyers. Confidence in this is reinforced by the stance of major players. For example, Strive, which ranks seventh among public institutions by BTC holdings, holds 20,246 coins on its balance sheet. Their average purchase price is $94,345, which is approximately 22% above the asset's current value. This explains why their forecasts are so important to the market: despite the recent growth, the company's unrealized loss still amounts to about $350 million.
My expert view: The synchronous update of highs against fiat currency and gold is not just a technical signal. It is a shift in narrative: Bitcoin is ceasing to be merely a risk asset and is increasingly establishing itself as a digital safe haven capable of competing with traditional defensive instruments. If this dynamic persists, the current cycle could become the most powerful in the history of the first cryptocurrency, and the next 12–18 months will provide investors with unique opportunities.