The precious metals are breaking out beyond all-time highs, that, in the case of silver, had stood for several decades. Now the dam has broken, and the usual banks are seemingly unable to keep the lid on, who knows how far the prices can go? All this said, Bitcoin (BTC) is likely to outperform them both. Stand by for the most amazingly bullish rally into 2026. $5,000 next target for gold Source: TradingView Since breaking out beyond $2,000 back in February 2024, the gold price has risen as much as 112%. Having consolidated above $4,000, the gold price looks as though it is now ready to go a lot higher. $5,000 is the next target, and given the amount of new money about to enter the system due to government printing, it might not take too long to get there. Silver breaks beyond all-time high Source: TradingView Nevertheless, it’s silver that is really shocking the market right now. Since its breakout only 4 months or so ago, the price has increased 66%. Today, the silver price has broken beyond the recent all-time high at just above $54 and is currently motoring at $55.56. Fibonacci extension levels in the chart above give an idea of future targets, although $100 would probably be a decent bet in the next year or so.  Momentum about to switch from gold to BTC Source: TradingView Back to gold, and this time in relation to $BTC (BTCUSD/XAU), it can be seen that the ratio has been very much in favour of gold over the last few months, if not the last year. From a high of 41 ounces of gold to 1 BTC to the current 21.7 ounces, this has been a real drawdown at the expense of BTC.  However, a cross-up for the Stochastic RSI indicators on the 2-week chart is no mean feat. This could be signalling the start of very strong momentum in favour of BTC, which could take the digital asset back to the highs against gold. Nonetheless, this remains to be seen. If BTC failed to make a higher swing high, this would mean that gold would remain the dominant asset. High time frame momentum indicators about to favour BTC over silver Source: TradingView The BTCUSD/SILVER chart looks more pronounced in favour of silver than it does for gold. This may be because the silver price is running wild right now, having just broken out from that recent all-time high.  That said, this is the monthly chart, and just as for the 2-week and the weekly, the Stochastic RSI indicators are at the bottom and ready to rise. When they do, the momentum will begin to swing back in favour of $BTC. It may be that the ratio goes all the way to the 0.786 first. This remains to be seen. Conclusion Both gold and silver are running hot right now. Precious metals have arguably been manipulated, with the prices forced down for decades. It looks as though this has come to an end, and therefore gold and silver may be reacting like beachballs that have been kept underwater for a long time but have now been let loose. Nevertheless, a currently unloved asset called Bitcoin is about to step back into the fray. It has arguably reached a bottom against the US dollar, and it looks like it is only a matter of time before it starts outperforming the metals again.  What some of the top analysts will say though is that having one of these assets is a great addition to one’s portfolio. Having all three is a winning combination. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.The precious metals are breaking out beyond all-time highs, that, in the case of silver, had stood for several decades. Now the dam has broken, and the usual banks are seemingly unable to keep the lid on, who knows how far the prices can go? All this said, Bitcoin (BTC) is likely to outperform them both. Stand by for the most amazingly bullish rally into 2026. $5,000 next target for gold Source: TradingView Since breaking out beyond $2,000 back in February 2024, the gold price has risen as much as 112%. Having consolidated above $4,000, the gold price looks as though it is now ready to go a lot higher. $5,000 is the next target, and given the amount of new money about to enter the system due to government printing, it might not take too long to get there. Silver breaks beyond all-time high Source: TradingView Nevertheless, it’s silver that is really shocking the market right now. Since its breakout only 4 months or so ago, the price has increased 66%. Today, the silver price has broken beyond the recent all-time high at just above $54 and is currently motoring at $55.56. Fibonacci extension levels in the chart above give an idea of future targets, although $100 would probably be a decent bet in the next year or so.  Momentum about to switch from gold to BTC Source: TradingView Back to gold, and this time in relation to $BTC (BTCUSD/XAU), it can be seen that the ratio has been very much in favour of gold over the last few months, if not the last year. From a high of 41 ounces of gold to 1 BTC to the current 21.7 ounces, this has been a real drawdown at the expense of BTC.  However, a cross-up for the Stochastic RSI indicators on the 2-week chart is no mean feat. This could be signalling the start of very strong momentum in favour of BTC, which could take the digital asset back to the highs against gold. Nonetheless, this remains to be seen. If BTC failed to make a higher swing high, this would mean that gold would remain the dominant asset. High time frame momentum indicators about to favour BTC over silver Source: TradingView The BTCUSD/SILVER chart looks more pronounced in favour of silver than it does for gold. This may be because the silver price is running wild right now, having just broken out from that recent all-time high.  That said, this is the monthly chart, and just as for the 2-week and the weekly, the Stochastic RSI indicators are at the bottom and ready to rise. When they do, the momentum will begin to swing back in favour of $BTC. It may be that the ratio goes all the way to the 0.786 first. This remains to be seen. Conclusion Both gold and silver are running hot right now. Precious metals have arguably been manipulated, with the prices forced down for decades. It looks as though this has come to an end, and therefore gold and silver may be reacting like beachballs that have been kept underwater for a long time but have now been let loose. Nevertheless, a currently unloved asset called Bitcoin is about to step back into the fray. It has arguably reached a bottom against the US dollar, and it looks like it is only a matter of time before it starts outperforming the metals again.  What some of the top analysts will say though is that having one of these assets is a great addition to one’s portfolio. Having all three is a winning combination. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Gold & Silver Break Out – But Bitcoin (BTC) Set to Outperform Them Both

2025/11/29 01:42

The precious metals are breaking out beyond all-time highs, that, in the case of silver, had stood for several decades. Now the dam has broken, and the usual banks are seemingly unable to keep the lid on, who knows how far the prices can go? All this said, Bitcoin (BTC) is likely to outperform them both. Stand by for the most amazingly bullish rally into 2026.

$5,000 next target for gold

Source: TradingView

Since breaking out beyond $2,000 back in February 2024, the gold price has risen as much as 112%. Having consolidated above $4,000, the gold price looks as though it is now ready to go a lot higher. $5,000 is the next target, and given the amount of new money about to enter the system due to government printing, it might not take too long to get there.

Silver breaks beyond all-time high

Source: TradingView

Nevertheless, it’s silver that is really shocking the market right now. Since its breakout only 4 months or so ago, the price has increased 66%. Today, the silver price has broken beyond the recent all-time high at just above $54 and is currently motoring at $55.56. Fibonacci extension levels in the chart above give an idea of future targets, although $100 would probably be a decent bet in the next year or so. 

Momentum about to switch from gold to BTC

Source: TradingView

Back to gold, and this time in relation to $BTC (BTCUSD/XAU), it can be seen that the ratio has been very much in favour of gold over the last few months, if not the last year. From a high of 41 ounces of gold to 1 BTC to the current 21.7 ounces, this has been a real drawdown at the expense of BTC. 

However, a cross-up for the Stochastic RSI indicators on the 2-week chart is no mean feat. This could be signalling the start of very strong momentum in favour of BTC, which could take the digital asset back to the highs against gold. Nonetheless, this remains to be seen. If BTC failed to make a higher swing high, this would mean that gold would remain the dominant asset.

High time frame momentum indicators about to favour BTC over silver

Source: TradingView

The BTCUSD/SILVER chart looks more pronounced in favour of silver than it does for gold. This may be because the silver price is running wild right now, having just broken out from that recent all-time high. 

That said, this is the monthly chart, and just as for the 2-week and the weekly, the Stochastic RSI indicators are at the bottom and ready to rise. When they do, the momentum will begin to swing back in favour of $BTC. It may be that the ratio goes all the way to the 0.786 first. This remains to be seen.

Conclusion

Both gold and silver are running hot right now. Precious metals have arguably been manipulated, with the prices forced down for decades. It looks as though this has come to an end, and therefore gold and silver may be reacting like beachballs that have been kept underwater for a long time but have now been let loose.

Nevertheless, a currently unloved asset called Bitcoin is about to step back into the fray. It has arguably reached a bottom against the US dollar, and it looks like it is only a matter of time before it starts outperforming the metals again. 

What some of the top analysts will say though is that having one of these assets is a great addition to one’s portfolio. Having all three is a winning combination.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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QQQ short term cycle nearing end; pullback likely to attract buyers [Video]

QQQ short term cycle nearing end; pullback likely to attract buyers [Video]

The post QQQ short term cycle nearing end; pullback likely to attract buyers [Video] appeared on BitcoinEthereumNews.com. The short-term Elliott Wave outlook for the Nasdaq 100 ETF (QQQ) indicates that the cycle from the April 2025 low remains active. Wave (4) of the ongoing impulse concluded at 580.27, and the ETF has since resumed its upward trajectory. To confirm continuation, price must break above the prior wave (3) peak recorded on 30 October at 638.41. The rally from the 21 November wave (4) low has matured and is expected to complete soon, reflecting the natural rhythm of the Elliott Wave sequence. The advance from wave (4) has unfolded as a five-wave impulse. Within this structure, wave ((i)) ended at 586.25, followed by a corrective pullback in wave ((ii)) that terminated at 580.36. From there, the ETF nested higher. Wave (i) of the next sequence ended at 596.98, while wave (ii) pulled back to 589.44. Momentum carried wave (iii) to 606.76, before wave (iv) corrected to 597.32. The final leg, wave (v), reached 619.51, completing wave ((iii)) at a higher degree. A subsequent pullback in wave ((iv)) ended at 612.13. Looking ahead, wave ((v)) of 1 is expected to finish soon. Afterward, a corrective wave 2 should unfold, addressing the cycle from the 21 November low before the ETF resumes higher. In the near term, as long as the pivot at 580.27 remains intact, dips are anticipated to find support in a 3, 7, or 11 swing sequence, reinforcing prospects for further upside. Nasdaq 100 ETF (QQQ) 30-minute Elliott Wave chart from 12.5.2025 Nasdaq 100 ETF Elliott Wave [Video] Source: https://www.fxstreet.com/news/qqq-short-term-cycle-nearing-end-pullback-likely-to-attract-buyers-video-202512050323
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BitcoinEthereumNews2025/12/05 11:40