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Renowned analyst predicts Bitcoin to reach all-time high in the next 2-3 weeks. Comparison with gold's performance and potential for Bitcoin's price increase.

Michaël van de Poppe, a famous digital currency analyst on the X platform, has forecasted that Bitcoin will likely reach its all-time high price in the next 2-3 weeks. Comparing gold’s strong performance, he is optimistic about Bitcoin’s upward trend. Gold recently broke its previous record in late January and is now trading above $2,900 per ounce for the seventh consecutive week of price increase. Despite the historical correlation between these two assets, Bitcoin has recently been relatively stable and in an accumulation phase. Another analyst named Daink mentioned that while gold is moving towards new records, Bitcoin has not followed suit yet. However, he believes that Bitcoin usually catches up to gold after such divergences, meaning Bitcoin may soon be ready to make up for lost ground.

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