If Gold Hits $5,000 Could Bitcoin Soar to $155,000? Market History Says It’s Possible

If Gold Hits $5,000, Could Bitcoin Soar to $155,000? Market History Says It’s Possible

Bitcoin’s price could be on the verge of a massive rally—but only if gold makes good on bullish forecasts and climbs to $5,000 per ounce. Analysts are watching closely as historical trends between these two assets suggest a significant upside for BTC if conditions mirror past surges.

Bitcoin’s Historical Edge Over Gold

While gold remains a reliable hedge during periods of inflation and monetary easing, Bitcoin has consistently outperformed the yellow metal during concurrent rallies.

• From March 2020 to March 2022, Bitcoin surged 1,110%, while gold rose just 35.5% during the same period.

• Between November 2022 and November 2023, Bitcoin jumped 150%, outpacing gold’s 25% gain nearly sixfold.

These figures underscore Bitcoin’s tendency to amplify gains during favorable macroeconomic cycles.

Could Bitcoin Reach $285,000 if Gold Hits $5K?

If gold climbs from its current $3,237 to $5,000—a roughly 50% gain—Bitcoin could potentially mirror its previous outperformance, rising 300% or more. That puts a possible BTC target at around $285,000, assuming historical trends hold.

Analyst apsk32’s power law model, which measures BTC price relative to gold’s market cap, also supports this projection.

“When gold moves, Bitcoin follows—but stronger,” notes one market strategist.

Veteran Fund Manager Sees BTC at $250K

Frank Holmes, CEO of U.S. Global Investors, forecasts gold reaching $6,000 during a potential Trump administration, driven by:

• A weakened U.S. dollar from tariff policy (up to a 25% drop),

• Strong central bank gold demand, and

• Investor underweight positions in gold.

Holmes believes this could be the setup for Bitcoin to break its $97,000 resistance and rally to $120,000–$150,000, with a long-term ceiling of $250,000 as adoption deepens.

Bitcoin’s Lagging Correlation With Gold

As of May 5, gold is up 33.35% YTD, reaching an all-time high of $3,500 before retracing slightly. Meanwhile, Bitcoin has only gained 0.82% YTD, lagging behind.

Yet, historical charts suggest Bitcoin often follows gold’s moves with a delay. Analyst Cryptollica believes this could set the stage for BTC to break out of its consolidation phase and push toward $155,000 in the months ahead.

Bitcoin’s current 30% pullback from its recent high near $110,000 is also mild compared to historical retracements of over 50%, adding weight to the case for a stronger rebound.

Conclusion: Bitcoin Eyes Six-Figure Future—If Gold Leads the Way

While gold is on a potential trajectory toward $5,000, Bitcoin’s price history suggests it could climb much further—possibly beyond $150,000—if macroeconomic conditions and liquidity cycles remain supportive. The correlation between the two assets, though not perfect, remains a compelling roadmap for traders betting on the next crypto bull cycle.