-
Gold crosses $4,320 and silver hits $66 as investors move money into safe-haven assets.
-
Bitcoin struggles below $90,000, falling nearly 7% while precious metals sharply outperform crypto markets.
-
Analysts Michael van de Poppe say Bitcoin may rebound later if gold peaks and liquidity rotates back.
Precious metals are stealing the spotlight as investors rush to safety. Silver has hit a new all-time high, while gold jumped 16% in a day, trading near its October all-time high of $4,381.
Meanwhile, Bitcoin is falling behind, struggling to break above $90,000 as money shifts away from crypto.
Gold and Silver Hit Record High as Bitcoin Slips
According to global market data, gold prices have surged to fresh highs, trading above $4,320 per ounce, and up more than 60% year-to-date. Meanwhile, Silver has shown even stronger momentum, rising to $66 for the first time.
He notes that Bitcoin’s RSI compared to gold has dropped below 30, a level seen only three times before, 2015, 2018, and 2022. In each case, Bitcoin later formed a major bottom against gold.
Van de Poppe says this does not guarantee a reversal, but it suggests gold may now be overvalued compared to Bitcoin. In past cycles, such extremes often led to money flowing back into Bitcoin.
Key Price Levels to Watch
From a technical perspective:
- Bitcoin support: $84,000–$85,000
- Bitcoin resistance: $90,000–$92,000
A break above resistance could signal renewed upside momentum.
Van de Poppe believes January could mark a macro peak for gold, especially if liquidity conditions tighten or a major economic event hits markets.
However, Bitcoin, which hit all-time highs above $126,000 in October 2025, is currently underperforming. While price may lag, shifting liquidity patterns hint that Bitcoin could regain strength once precious metals cool off.
