Bitcoin hitting $220K 'reasonable' in 2025 says gold-based forecast

Quick Summary:

For Apsk32, the implications are considerable this time around — with gold hitting a record $3,500 per ounce, the future for BTC price action is bright.“Bitcoin's position relative to gold has improved considerably since April,” he told X followers alongside his dedicated “power curve” tool. “This is the indicator that gives me hope for higher than expected returns later this year.”Bitcoin power curve data.

Source: Apsk32/XThe power curve concept involves measuring Bitcoin price in gold ounces to avoid the inflationary nature of the US dollar.“Here, I’m measuring the value of the Bitcoin network (market cap) in gold ounces and fitting that value to a power curve,” Apsk32 explained in a dedicated X post in March.

Among the results is a potential bull market top target that contextualized the old 2017 top of $20,000.“If Bitcoin’s network value measured in gold continues to follow a power curve, and gold holds its current value, and Bitcoin’s price returns to ‘five years ahead of support,’ we could hit Josh’s $444K this year,” it added.

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Article Details

Author / Journalist: Cointelegraph by William Suberg

Category: Crypto

Markets: United States

Topics: Gold Btc/usd Apsk32 Data Curve Value Bitcoin Latest Year Price Power

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 08:56:47 (17 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 519 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28741954

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