goldvssilvervsbitcoin

Across Gold, Silver and Bitcoin we are seeing a very similar technical pattern developing.
All three assets are trading inside corrective channels, suggesting the recent rebounds are likely part of a larger corrective phase rather than the start of new impulsive trends.
When multiple asset classes show the same structural behaviour, it often signals a broader macro liquidity adjustment taking place beneath the surface.
Gold
Gold continues to trade within a rising corrective channel, which has contained price since the February low.
The rally into the recent high completed a clear ABC structure into Wave (B), after which we have started what should be a Wave (C)
Price is now rebounding and appears to be forming Wave 4.
If this structure continues to unfold, Gold could push slightly higher before rolling over into the final Wave 5.
That move would likely target the lower boundary of the corrective channel, which sits in the $4,750 – $4,850 region.
This would complete Wave (4) before the next impulsive leg higher begins later in the cycle.
Key signal to watch:
If Gold breaks impulsively above the recent highs near $5,400, the corrective count would likely be invalidated.
Silver
Silver continues to respect a very clean corrective channel, which has defined the structure since the February low.
The rally into the recent high completed Wave X, after which price rejected strongly from the upper boundary of the channel.
Price now appears to be forming a B wave consolidation, which explains the current sideways price action.
Once this consolidation completes, the most likely next move would be a C wave decline that completes Wave Y.
Key downside targets remain:
• $74 – the 0.618 fib extension level
• $68 – the 1.0 fib extension level
That zone would align with the lower boundary of the channel and would likely complete Wave (4) of the broader structure.
Bitcoin
Bitcoin may be setting up the most aggressive move of the three assets.
The rally into the $73k region appears to have completed a corrective (y) / (b) structure near the upper boundary of the channel.
Since then, price has begun to decline and appears to be forming Wave (i) of a new impulsive sequence lower.
The most likely structure from here would be:
• A Wave (ii) retracement rally into the $70k – $72k Fibonacci retracement zone
• Followed by a Wave (iii) decline
If that scenario plays out, the $60k region becomes the most logical downside target, which also aligns with the 1.618 extension and a key liquidity zone below current price.
The Bigger Picture
The important takeaway is that all three assets are showing the same structural behaviour.
• Gold remains in a corrective bounce

• Silver is consolidating within a corrective structure

• Bitcoin may be beginning an impulsive leg lower

When markets move like this simultaneously, it often reflects shifts in global liquidity conditions.
That environment typically produces:
• Increased volatility across risk assets
• Sharp moves once corrective structures resolve
• Strong directional trends once the next impulsive wave begins
#Analysis #Market_Update #BTC #GoldvsSilvervsBitcoin #CryptoMarketAnalysis
$BTC

JPMorgan dice che i futures sul bitcoin sono sottovalutati mentre l'argento passa in ipercomprato, prevede $8,500 per l'oro a lungo termine
Cortesia di Yogita Khatri
#GoldvsSilvervsBitcoin
#JPMorganCryptoWarning $BTC
Gli analisti di JPMorgan dicono che i futures sul bitcoin sembrano sottovalutati mentre i futures su oro e argento sono passati in territorio di ipercomprato, poiché gli investitori favoriscono sempre di più i metalli preziosi rispetto al bitcoin sia nei canali al dettaglio che istituzionali.

Gli investitori al dettaglio hanno abbracciato il cosiddetto “commercio di svalutazione” per gran parte del 2025, acquistando sia bitcoin che fondi negoziati in borsa sull'oro, ma quella tendenza è cambiata attorno ad agosto, quando i flussi cumulativi degli ETF sul bitcoin si sono stagnati e poi sono diminuiti nel quarto trimestre, hanno detto gli analisti di JPMorgan, guidati dal direttore generale Nikolaos Panigirtzoglou, in un rapporto di mercoledì.