Gold an Bitcoin dey share bullish technical patterns: Peter Brandt dey signal say Gold fit breakout as e dey inspired by Bitcoin 2024 rally
Veteran trader Peter Brandt don point out say di current gold chart get plenty wahala wey look like how Bitcoin patterns be before e big breakout for 2024. Especially, gold daily chart—mainly dat GCQ25 August 2025 Comex contract—show say e get one expanding inverted triangle plus descending wedge, dem be technical setups wey fit mean say market go do bullish reversal. Dis pattern resemble wetin dey happen for Bitcoin before e big multi-month rally for 2024. Brandt talk say if gold fit pass di resistance, especially near $3,400 level, e fit get better price run like Bitcoin rally. But if dis breakout no take confirm, gold price fit go down small. Financial teacher Robert Kiyosaki still add to dis bullish vibes by dey predict crash go land for traditional assets like stocks, bonds, and real estate, e urge make people diversify into Bitcoin, gold, and silver. Kiyosaki look say Bitcoin fit reach $180,000 to $200,000 by 2025 and silver get big upside too. For crypto traders, di main tori be to dey watch gold technical levels and Bitcoin market performance. Di combination of bullish technical signals for both crypto and commodity markets, plus expert warnings about traditional finance risk, dey signal say market fit shift to diversified portfolios wey get Bitcoin, gold, and silver. So traders suppose dey handle risk well, dey check trading volumes, and wait for proper confirmation before any big change for allocation because market still dey unpredictable.
Bullish
Di repeated identification of one bullish technical setup for gold wey resemble Bitcoin 2024 breakout dey show say crypto and commodity markets dey align more. If gold confirm breakout pass key resistance levels, e fit attract capital flows from traders and investors wey dey find diversification or indicator convergence, wey fit directly boost sentiment for both markets. For short term, increased awareness of these patterns fit drive speculative activity. For long term, warnings from people like Robert Kiyosaki about traditional assets risk fit make dem shift to Bitcoin, gold, and other safe-haven assets. But traders suppose wait for clear confirmation and manage risk as market conditions still dey unpredictable.