The market for the leading cryptocurrency is sending powerful signals of a trend reversal. Over the past week, Bitcoin has demonstrated rare synchronized momentum, breaking through key resistance levels against two major global assets simultaneously—the US dollar and gold. I view this event as a potential marker of the end of a prolonged correction that has kept investors on edge for many months.
Why the BTC/gold pair proved to be an early indicator
Analysis of the Bitcoin-to-gold price ratio (BTC/gold) shows that this indicator historically turns around earlier than the currency pair against the dollar. In December 2024, the BTC/gold pair reached its peak, while the USD exchange rate continued to hit new highs only in October 2025. A mirror image was observed at the bottom: the low against gold was recorded in February 2026, whereas the dollar low formed only in July—with a lag of roughly five months.
This asynchrony explains why many market participants remained pessimistic. Even when Bitcoin updated dollar records, it continued to lose ground to gold, which psychologically weighed on the market. However, the situation has now changed dramatically: from last Wednesday through Friday, Bitcoin rose approximately 21%, briefly surpassing the $79,000 mark. I attribute this momentum to the US Treasury's decision to buy back long-term bonds, which boosted appetite for risk assets.
Key signal: simultaneous breakout
Particular attention is warranted by the fact that Bitcoin broke through significant levels against both the dollar and gold at the same time. Over the month, the gain against USD exceeded 22%, while against gold it was 6.6%. The sharpness of the move indicates that large institutional players, who had previously adopted a wait-and-see stance, have returned to the market.
Despite the rapid rise, I acknowledge the possibility of a technical correction. However, any significant decline should be met with a powerful influx of buyers, as confirmed by the demand structure. My forecast: if the synchronized breakout holds, we are entering a bull market phase whose potential could prove to be the most powerful in cryptocurrency history.
Notably, one of the largest corporate Bitcoin holders, the company Strive, ranks seventh among public institutions with 20,246 BTC in its portfolio. Their average purchase price is $94,345—approximately 22% above the asset's current value, indicating long-term confidence in growth despite an unrealized loss of around $350 million.
My expert opinion: A synchronized breakout against two key assets is a rare and strong technical signal that cannot be ignored. However, one should not forget about volatility: the coming weeks will show whether Bitcoin can hold above $80,000. If it does, the next target is historical highs, and the bearish scenario will finally lose relevance.