Crypto analyst Colin has raised the possibility of the Bitcoin price mirroring 
gold’s parabolic move. The analyst further revealed how this could play out 
for BTC if it were to happen eventually. What Will Happen If The Bitcoin Price 
Mirrors Gold In an X post, Colin indicated that the Bitcoin price will record 
another uptrend as soon as next week if it were to follow gold’s move. He 
opined that it is unlikely the flagship crypto will not witness another 
significant move to the upside, given that gold and stocks saw meteoric rises 
to new all-time highs (ATHs) in recent months. Related Reading: Bitcoin Bull 
Market Peak Indicators Says Hold Despite Crash Below $100,000, What’s 
Happening? Coilin further remarked that money will still flow toward crypto, 
with a delay, as he highlighted in the gold vs BTC chart. He added that the 
gold top would forecast a top for the Bitcoin price in January 2026 when 
shifted forward by 80 days. His accompanying chart showed that BTC could still 
rally to $175,000 if its bull market extends into January next year. Colin 
admitted that this could be wrong for the Bitcoin price, but noted that many 
other metrics were pointing toward more upward price action for BTC. 
Meanwhile, he also highlighted the fact that sentiment was getting bearish in 
the crypto market. The market is currently on a downtrend, with the BTC 
dropping below $100,000 on several occasions this week. This has raised 
concerns that the Bitcoin price may already be in a bear market. However, 
Colin has indicated that BTC could still rally to new all-time highs before 
this cycle ends. His prediction aligns with that of the likes of Standard 
Chartered, which has predicted that BTC could reach between $150,000 and 
$20,000 by year-end. Why The BTC Top May Not Be In In another X post, Colin 
also explained why the top might not be in for the Bitcoin price in this bull 
run. He noted that the intersection of the 1150-day SMA with previous bull run 
peak times the top of the next peak. This happened in both the 2017 and 2021 
bull runs, which marked the top for BTC at the time. Related Reading: Analyst 
Who Predicted Bitcoin Price October Top Is Back With A New Prediction Now, the 
analyst said that this moving average hasn’t quite lined up with the $65,000 
top from the previous cycle, indicating that BTC still has more room to rally 
to the upside in this market cycle. Colin added that this 1150-day SMA, if 
projected out, will indicate a top for the Bitcoin price around late December 
this year or January next year. He reiterated that all metrics collectively 
point to a top around late December or January next year. At the time of 
writing, the Bitcoin price is trading at around $102,400, up in the last 24 
hours, according to data from CoinMarketCap. Featured image from Pixabay, 
chart from Tradingview.com

What Happens To The Bitcoin Price If It Follows Gold?

According to a recent post by CryptoWzrd, the daily technical outlook for 
Litecoin is aggressively bullish, with the crucial LTC/BTC pair spiking 
sharply upside, signaling a major injection of capital. Litecoin And LTCBTC 
Close Bullish, Setting Stage For Further Upside Presenting his technical 
outlook, CryptoWzrd highlighted a strong bullish performance from Litcoin, 
noting that both the LTC/USD and LTC/BTC pairs closed with impressive upward 
momentum. He explained that most of Litecoin’s strength came from a sharp 
spike in LTC/BTC. The synchronized move between the two pairs reflects renewed 
buying interest and suggests that bullish sentiment is building in the short 
term. Related Reading: Litecoin 2M Bollinger Band Width Hits New Lows, CMT- 
Certified Analyst Reveals What It Means According to CryptoWzrd, the next key 
step for LTC/BTC is to break out of its range high, a technical milestone that 
could unlock further upside for Litecoin. A successful breakout from this 
structure may serve as the trigger for a rally toward the $112 resistance 
level, or even higher if momentum accelerates. The analyst also underlined the 
importance of holding above the $96 support zone, making it a key level that 
sustains Litecoin’s bullish structure. Maintaining price stability above this 
mark would reinforce the positive outlook and prevent a return to bearish 
conditions. Losing this level, however, could signal weakness and limit the 
potential for a continued advance in the near term. Looking ahead, CryptoWzrd 
expects heightened volatility to persist. Thus, he revealed that his focus 
will shift to lower time frame chart formations in the upcoming sessions, 
where he plans to identify and execute quick scalp setups as price action 
develops. This approach reflects his tactical trading style, aiming to 
capitalize on short-term movements while keeping a close eye on broader 
breakout signals. Volatility Reigns As Litecoin Holds Bullish Tone On Intraday 
Charts In conclusion, CryptoWzrd noted that Litecoin’s intraday chart 
displayed strong bullish behavior accompanied by heightened volatility 
throughout the session. The rapid price swings reflected increased trader 
activity and growing market momentum, suggesting that LTC could be setting up 
for another significant short-term move. Related Reading: LTC Price Soars 11% 
to $129: Analysts Eye $135 Breakout as ETF Approval Buzz Grows He explained 
that while a brief pullback below the $101.50 support level is possible, such 
a dip may simply serve as a temporary correction within the broader bullish 
structure. A renewed breakout above this level would likely present fresh long 
opportunities, signaling a continuation of Litecoin’s upward momentum. 
CryptoWzrd also emphasized that Bitcoin’s price action will play a critical 
role in shaping Litecoin’s next direction. Since LTC often reacts to BTC’s 
broader market moves, strength or weakness in Bitcoin could directly influence 
whether Litecoin extends its rally or consolidates further. Featured image 
from iStock, chart from Tradingview.com

Litecoin Readies For Next Leg Higher As LTCBTC Tightens Beneath Range High

Resilient confidence is building across digital assets as Mike Novogratz 
signals that today’s crypto slowdown could mark the foundation for a stronger 
rally into year’s end, driven by portfolio rebalancing, renewed liquidity, and 
shifting Federal Reserve policy expectations. Novogratz Says Current 
Sluggishness Signals Stronger Outlook for Year-End Cryptocurrency markets are 
facing continued sluggishness as investors […]

Galaxy Digital CEO Sees ‘Healthy’ Outlook as Crypto Rebalances for Next Rally

BTC has been glued to its fair value since March 2024 and is getting ready to 
spring higher, according to author and analyst Adam Livingston.

Bitcoin power law suggests a ‘coiled spring’ ready to burst higher: Analyst

Pakistan&#8217;s stablecoin initiative could enhance financial inclusion, modernize 
payment systems, and improve cross-border transactions.
The post Pakistan considers rupee-backed stablecoin to boost financial access 
appeared first on Crypto Briefing.

Cryptocurrency price in PKR