Gold Mimics Bitcoin’s 2024 Bull Run—Veteran Trader Spots Déjà Vu

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2025-06-02 23:08:37

Gold Mirrors Bitcoin’s 2024 Breakout Pattern, Says Veteran Trader Peter Brandt

Peter Brandt—the trader who called Bitcoin’s historic breakout—sees gold charting the same path in 2025. Could the old-school safe haven be riding crypto’s coattails?

Shiny, but late to the party

Gold’s recent surge mirrors Bitcoin’s 2024 parabolic move tick-for-tick, Brandt notes. The metal’s playing catch-up with digital gold—just as Wall Street finally ’gets’ blockchain (only a decade late).

Same playbook, different asset

Technical patterns don’t lie. The same wedge breakout that propelled BTC to ATHs now appears in XAU charts. History might not repeat, but it sure loves a remix.

Cynical take
: Maybe gold’s just jealous of Bitcoin’s ETF inflows—or realizing store-of-value narratives work better with 21st-century tech.

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