Gold Rises, Bitcoin Follows – With Bigger Gains
Bitcoin is often called “digital gold.” Both assets are seen as protection against inflation and fiat currency risks. But while gold tends to move slowly, Bitcoin usually surges faster during bull runs.
For example:
|
Period |
Gold Gain |
Bitcoin Gain |
Bitcoin vs Gold |
|
Mar 2020 – Mar 2022 |
+35.5% |
+1,110% |
~31x more |
|
Nov 2022 – Nov 2023 |
+25% |
+150% |
6x more |
In both cases, Bitcoin outpaced gold by a wide margin. These gains happened during times of high money printing and low interest rates.
If Gold Hits $5,000, What’s Next for BTC?
Gold is now around $3,265. If it climbs to $5,000, that’s about a 50% increase. Based on historical trends, Bitcoin could jump 5 to 6 times more than gold.
Estimated Bitcoin Price Projections:
|
Scenario |
Gold Price |
Gold % Gain |
Projected BTC Gain |
BTC Price Estimate |
|
Conservative case |
$5,000 |
+50% |
3x |
$120,000 |
|
Historical 6x outperformance |
$5,000 |
+50% |
6x (300%) |
$285,000 |
|
Power law model (apsk32) |
$5,000 |
— |
Based on gold’s cap |
~$285,000 |
So, if gold hits $5,000, Bitcoin could rise to between $120,000 and $285,000, depending on market sentiment and macro trends.
Market Forces Driving Both Assets
Several factors are fueling the rise of both gold and Bitcoin:
- Weakening US dollar
A weaker dollar often leads to higher asset prices, including gold and BTC. - Rising global liquidity
As central banks pump more money into markets, both assets benefit. - Investor demand
Both gold and Bitcoin are gaining interest as hedges against economic risk.
Experts’ Take on Gold and Bitcoin Prices
Many experts see high potential for both assets:
- Frank Holmes (US Global Investors):
Predicts gold could hit $6,000 if Trump returns and introduces new tariffs. This could weaken the dollar, boost gold, and drive BTC toward $250,000. - apsk32 (crypto analyst):
Uses a power law model based on gold’s market cap to estimate Bitcoin could reach $285,000. - Cryptollica (market analyst):
Says Bitcoin may follow gold’s rally with a delay. If this happens, BTC could hit $155,000.
Recent Price Action
- In late April 2025, gold touched a new high of $3,500.
- As of May 5, gold trades around $3,237.
- Bitcoin, by contrast, has barely moved YTD—up just 0.82%.
- BTC has pulled back about 30% from its all-time high of ~$110,000.
Still, this dip is modest compared to past 50% corrections. Many believe Bitcoin’s current strength shows it’s ready for another rally—especially if gold surges first.
If gold reaches $5,000, Bitcoin could respond with an even bigger jump. History suggests BTC might rise by 3x to 6x more than gold. That puts its possible future price between $120,000 and $285,000.
Nothing is guaranteed. But the link between Bitcoin and gold has grown stronger. And with inflation, liquidity, and fiat concerns rising, both assets may be ready for their next big move.