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Benzinga
Benzinga
Business
Khyathi Dalal

Gold Recently Hit $4,000—Can Bitcoin Follow To $150,000?

Bitcoin Gold
2 Bitcoin tokens flank a bar of gold

Bitcoin (CRYPTO: BTC) may soon catch up to gold’s multi-week rally if past patterns repeat, according to one prominent analyst.

What Happened: In an update in his private Patreon group, prominent analyst Kevin said gold is approaching a cyclical top, driven by extreme momentum and a historically high monthly RSI of 92.16—the highest since 1979.

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