Top 3 Price Predictions: Bitcoin, Gold, Silver – Is the Metals' Rise a Sign of Tensions?

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The prices of Bitcoin, gold, and silver are causing anxiety among traders and retail investors. This situation is occurring while gold and silver – two traditional safe-haven assets – continue to surge, and the price of Bitcoin continues to fall.

The price of BTC is currently trading sideways within a downtrend, while the prices of XAU and XAG are surging. This is a typical asset shift pattern where investors want to limit risk, rather than pouring money into risky assets like cryptocurrencies.

Crypto and stocks remain neutral as metals rise defensively.

Gold and silver are benefiting from a wave of defensive buying amid economic uncertainty. Crypto and stocks are not following this trend, suggesting that this is a defensive buying move driven by risk aversion, rather than a signal of a healthy economic growth cycle.

“These fluctuations coincide with rising debt pressures and tightening financial conditions driving Capital flows into hard assets. When precious metal prices move like this, it reflects the market re-evaluating risk, rather than rushing for quick profits,” analyst Kyle Doops Chia .

Bitcoin trades sideways as metal prices rise.

Bitcoin is trading at $86,666 at the time of writing , up slightly by 0.56% from the previous 24 hours. The leading cryptocurrency has remained sideways within a descending parallel price channel since the beginning of October last year.

Bitcoin has yet to break above the $90,000 mark, coinciding with the 78.6% Fibonacci retracement level, and continues to encounter strong resistance at various moving Medium .

Recently, a "death cross" pattern has emerged, where the 50-day moving Medium crosses below the 200-day moving average, signaling that the downtrend may continue in the medium term.

Momentum indicators also reinforce this cautious view, with the Relative Strength Index (RSI) at 39 – near oversold but not yet extreme. Meanwhile, the MACD remains negative and only slightly converging.

Bitcoin (BTC) Price Prediction Bitcoin (BTC) price prediction. Source: TradingView

Unlike silver and gold , Bitcoin did not participate in the defensive rally, suggesting the market is prioritizing safe-haven assets amid high risk.

The divergence between Bitcoin and precious metals suggests that retail investors are shifting towards safe-haven assets rather than seeking opportunities for rapid growth.

If selling pressure remains strong at current levels, Bitcoin's price could fall further, testing the $80,600 level – which coincides with the middle line of the current descending parallel price channel.

Conversely, if buying pressure emerges, Bitcoin could recover and regain its position within the ascending parallel price channel.

If Bitcoin's daily closing candle is above the 78.6% Fibonacci retracement level at $90,358, the outlook for a recovery will become even more positive.

However, to confirm the uptrend, the price of Bitcoin needs to break above the 50-day SMA at $95,450 and hold this level as support.

If things go very positively, Bitcoin could continue its upward trend towards the 61.8% Fibonacci retracement level at $98,018 and turn it into a new support zone. If so, the price would be up nearly 14% from its current level.

Gold holds firm above historical highs amid intense price surge.

Gold prices remain in an upward trend and are trading at $4,330 at the time of writing. The price is also only slightly away from its most recent peak of $4,389 .

Nevertheless, gold has maintained remarkable stability, consistently staying above its 50-day moving Medium (DMA) for 88% of the time over the past year – a feat last seen in 1980 when investors were also extremely risk-averse.

Technical indicators suggest a fairly positive sentiment, with the RSI at 63 signaling that XAU/USD is about to enter the overbought zone. Although still below 70, gold still has room to rise before entering the overbought zone, which could trigger a short-term correction.

The MACD indicator still shows a stable upward trend, although the slope has slowed; the MACD's position above the signal line (orange band) indicates that the buyers still have a certain degree of dominance.

Gold (XAU) Price Performance Gold price movements (XAU). Source: TradingView

The support line for gold prices, along with the Fibonacci retracement zone of approximately $4,160–$4,000, will serve as a safe haven in case of a short-term correction. These are also areas where smaller retail investors may consider entering the market later.

Although gold continues to rise, the market remains quite cautious. Gold's upward trend is generally more steady and slower compared to the recent sharp increase in silver.

The current upward momentum in gold prices is not necessarily driven by speculation or the "FOMO" effect, but primarily by a defensive shift , making the precious metal a safe haven amidst macroeconomic uncertainty.

Silver prices hit an All-Time-High amid market tensions.

Silver Futures Contract surged to $66, setting an All-Time-High and demonstrating extremely strong upward pressure. Silver prices have risen sharply over the past few months, completely breaking through the previous resistance area around $54.

Technical indicators are signaling classic overbought conditions, with the RSI reaching 77, suggesting the market is overbought. Additionally, the MACD continues to rise, but the upward momentum appears to be slowing down.

The daily moving Medium (DMA) is currently quite far from the current price, confirming a very strong uptrend. However, the rapid upward momentum also suggests that the market may be overspeculated rather than experiencing a sustainable rally.

Silver (XAG) Price Performance Silver (XAG) price fluctuations. Source: TradingView

Historically, these kinds of sharp surges in silver have typically occurred when financial markets are under stress or investors are seeking safe havens, rather than indicating sustained economic growth.

“Silver prices are booming… driven by public debt, inflation concerns, and demand from AI data centers. Meanwhile, reserves are dwindling and mining activity isn’t increasing,” economist Peter St Onge commented .

Key support levels to watch are the psychological mark of $60.00, along with $53.99 and $48.89, corresponding to previous accumulation zones.

Traders should exercise caution, as the sharp price increase coupled with an excessively high RSI increases the risk of a short-term correction, even though the upward momentum remains strong.

The rise in silver prices, amidst sideways movement in the stock and crypto markets, indicates that money is flowing into safe-haven assets. Silver is currently XEM as a "hedge" protecting assets in the context of macroeconomic uncertainty.

The current overall picture, with precious metals rising but stock and crypto markets remaining stagnant, suggests that the flow of money into silver is primarily driven by defensive sentiment and risk aversion, rather than by a naturally bullish market.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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