Аналитик: Боковик биткоина — «тихая перед бурей» на фоне ралли драгметаллов Headline: Analyst: Bitcoins sideways movement is a calm before the storm amid precious metals rally.

The current sideways movement of Bitcoin, occurring amidst the unprecedented surge in gold and silver prices, aligns with a historical pattern that usually precedes a rally in the crypto market. This perspective was shared by a trader known as Bull Theory.

The expert recalled that following the crash in March 2020 during the COVID-19 pandemic, precious metals were the first to respond to the liquidity provided by the Federal Reserve. The price of gold soared from $1,450 to $2,075, while silver climbed from $12 to $29. During this period, Bitcoin fluctuated within the $9,000 to $12,000 range.

Traditional assets peaked in August, marking the moment when capital began to shift toward riskier sectors, including digital assets. From August 2020 to May 2021, Bitcoin’s price skyrocketed from $12,000 to $64,800, with the market capitalization increasing eightfold.

According to Bull Theory, the current conditions mirror the past: gold and silver have reached record highs while Bitcoin is confined to a narrow range after the drop on October 10-11.

However, this cycle is somewhat different from the last, as the market is now influenced by a greater number of catalysts.

*“The previous cycle was primarily driven by monetary liquidity. Today, we have a unique configuration where external stimulus strengthens the qualitative changes in the market’s internal structure. The overall picture is similar, but the foundation is stronger, and the potential momentum is greater,”* the trader believes.

In addition to the Federal Reserve’s actions, he identified several major drivers:

*“This is why the current sideways movement in Bitcoin is not the beginning of a bear market, but rather a calm before the storm,”* Bull Theory concluded.

Long-term Bitcoin holders have ceased selling for the first time since July. Crypto investor and entrepreneur Ted Pillows suggested that this may lay the groundwork for a “recovery rally.”

An analyst known as Jelle pointed out the developing “hidden bullish divergence” on the monthly chart of digital gold, which may indicate an impending upward breakout.

*“Bitcoin needs to close the month in the green zone to solidify this; if it closes above $90,360, we’ll be on solid ground,”* he remarked.

A specialist under the pseudonym Captain Faibik believes that the struggle for the $90,000 level is critical as it marks the resistance line of a descending expanding wedge on the 8-hour chart.

Overcoming this barrier would signify not merely a local increase but a substantial breach of the entire bearish structure. This would technically pave the way to a target in the vicinity of $122,000.

*“If the market manages to achieve this, we could witness a completely bullish January,”* he emphasized.

At the time of writing, Bitcoin’s price stands at approximately $87,800, having decreased 1.8% over the past day.

For context, investor Anthony Pompliano has forecasted a stable 2026 for the leading cryptocurrency. Bitwise’s investment director Matt Hougan went further, suggesting that Bitcoin will continue to exhibit sustainable performance over the next decade.