Gold Enters Correction Mode - Is Bitcoin Rally Next?

Gold Enters Correction Mode – Is Bitcoin Rally Next?

In Brief

• Gold and silver have entered a correction after reaching multiple highs.
• Bitcoin is also attempting to break key technical levels, raising hopes of a rally.
• Historically, Bitcoin has tended to move after gold, but will it repeat?

It has been the year of gold and silver which have reached multiple all-time highs in a short time. The dust is starting to settle though, and both metals have entered a correction after the price frenzy, leaving many wondering if a Bitcoin rally is next.

According to top crypto analyst Michaël van de Poppe, Bitcoin has been pushing to break the 20-Day Moving Average (MA), while gold and silver have been correcting today. While the top digital asset is likely to break above this level, Poppe says the challenge is to hold above it after the U.S. Open today and for the coming days.

Silver and Gold have been correcting today, while $BTC tries to break through the 20-Day MA.

That would be a change of scenery.

Nothing confirmed, as it has been breaking above this 20-Day MA during the previous correction.

The important part is whether it will sustain above… pic.twitter.com/fLqICy0TC7

— Michaël van de Poppe (@CryptoMichNL) December 29, 2025

Will Bitcoin Hold the Fort?

Bitcoin has been struggling to break out of a trading range with a top at $90,000. The weakening momentum of the coin has made this impossible for some time now, but according to Poppe, Bitcoin is making an attempt again while gold and silver are in correction. If it succeeds this time, it will potentially reverse the pattern as gold has been leading.

The question though, is if Bitcoin will be able to hold above the 20-Day MA if it succeeds. This is because holding above this level is a prerequisite for rising to higher prices according to analysts. As Bitcoin has failed several times at breaking through, the crypto market has been held down waiting for a trend reversal.

Poppe had earlier said that bitcoin closing above the $90,000 level would mean a strong start in 2026 with the potential to reach $110K really quickly. With such in place, altcoins will also most likely follow suit and experience their own rally in the process. Analysts have also hinted that they have reached their lowest level and may be about to start moving upward.

Is Bitcoin About to Commence a Rally?

Bitcoin has historically followed the gold rally, surging to new price levels after gold. The correction in gold and silver today therefore may be a sign of the precious metals getting weaker. This does not guarantee a Bitcoin rally, though it could be the start of one.

The two metals have reached several new all-time highs this year and retraced, but Bitcoin hasn’t moved in the same direction. Whether things will be different this time depends on Bitcoin holding up.