Bitcoin Price Crash: Will BTC Plummet to $10K If Gold Surpasses $5K?
Portfolio Pulse from
Bitcoin is experiencing a significant downturn, with its value declining over 10.50% in 2025. Gold advocate Peter Schiff predicts a potential Bitcoin crash to $10K if gold surpasses $5K, citing Bitcoin's lack of solid fundamentals. Bitcoin's value against gold has already dropped nearly 33% this year, and several analysts, including Peter Brandt, suggest further bearish momentum.
March 29, 2025 | 8:45 am
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Bitcoin's price is under pressure, with potential to drop to $10K if gold reaches $5K. Current market indicators suggest bearish momentum.
Multiple factors suggest bearish sentiment: declining price, negative analyst predictions, and weakening performance against gold. Key support levels like $84K are critical for market direction.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100