Analyst Predicts Significant Increase in Gold Price, Believes Metal is Entered into Parabolic Increase Stage
Rewritten Article:
- Headline: Gold Could Soar Higher for Longer, Analyst Says, as Bitcoin follows its Lead
In a recent social media post, pseudonymous analyst Dave the Wave predicts that gold is in the midst of a powerful bull run that could see gains of up to 2x. According to the analyst, gold's parabolic surge, which started in 2016, could last up to 2028 and potentially reach a massive price target of $7,500.
Meanwhile, Dave the Wave sees Bitcoin following in gold's footsteps after breaking through the $90,000 resistance. According to the analyst, Bitcoin's strength in uncertain markets is due to its function as a digital equivalent of gold.
At the time of writing, gold is worth $3,341, while Bitcoin is trading for $93,559, up over 7% in the last 24 hours. Other market analysts, such as Adam Kobeissi from The Kobeissi Letter, agree that both BTC and gold are surging higher as investors seek refuge in safe-haven assets.
Turning to the latest industry announcements, Flock.io partners with Alibaba Cloud for advanced AI model co-creation, while Binance Blockchain Week 2025 returns to Dubai. Keycard launches a pre-sale for Shell, the most open, modular hardware wallet, and BC.GAME hosts the 'Untamed Arena' during TOKEN2049 Dubai, showcasing Web 3.0 culture and influencer appearances. Falcon Finance integrates sUSDf with Pendle for enhanced on-chain yield generation, and Paydify enables businesses worldwide to accept crypto payments.
Other spotlight stories include suggestions that a step back in Bitcoin's price could fuel the next leg higher, while hints of a long-term crypto bear market are starting to show up. The Daily Hodl covers the future of finance, including macro, Bitcoin, Ethereum, cryptocurrencies, and web 3.
- Disclaimer: The opinions expressed at The Daily Hodl are not investment advice. Investors should do their own research before making any high-risk investments in Bitcoin, cryptocurrencies, or digital assets. All transfers and trades come with risks, and The Daily Hodl is not responsible for any losses incurred. The Daily Hodl participates in affiliate marketing.
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Industry Announcements
- FLock.io Partners with Alibaba Cloud on Advanced AI Model Co-Creation
- April 24, 2025
- Binance Blockchain Week 2025 Returns to Dubai
- April 24, 2025
- Keycard Launches Pre-Sale for Shell - The Most Open, Modular Hardware Wallet to Date
- April 23, 2025
- BC.GAME To Host 'Untamed Arena' During TOKEN2049 Dubai, Showcasing Web 3.0 Culture and Influencer Appearances
- April 23, 2025
- Falcon Finance Integrates sUSDf With Pendle for Enhanced On-chain Yield Generation
- April 23, 2025
- Paydify Launches To Enable Businesses Worldwide To Accept Crypto Payments
- April 22, 2025
- Whale.io Accelerates Into Battlepass Season Two With Double Lamborghinis and Epic Rewards
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Bitgold Spotlight
- Analyst: Gold's Bull Market Could Continue for a Long Time as Bitcoin Builds Momentum
Some analysts believe that gold's bull market is in its final stages, with the precious metal poised for a significant price surge. Meanwhile, Bitcoin is following in gold's footsteps, with recent gains pushing the cryptocurrency's price above the $90,000 resistance.
According to Dave the Wave, gold could see gains of up to 2x as it reaches a massive price target of $7,500 in the next six years. At the time of writing, gold is trading for $3,341, while Bitcoin is hovering around the $93,000 mark.
Adam Kobeissi from The Kobeissi Letter agrees, stating that the surge in Bitcoin and gold is due to market participants seeking shelter in safe-haven assets. With the US Dollar weakening and market instability on the rise, bonds are no longer a preferred safe haven.
Other stories in the industry include Flock.io partnering with Alibaba Cloud for advanced AI model co-creation, Binance Blockchain Week 2025 returning to Dubai, and Keycard launching a pre-sale for Shell, the most open, modular hardware wallet to date. BC.GAME will host the 'Untamed Arena' during TOKEN2049 Dubai, showcasing Web 3.0 culture and influencer appearances.
Covering the future of finance, including macro, Bitcoin, Ethereum, and Web 3.
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- The surge in Bitcoin and gold price could be a result of investors seeking shelter in safe-haven assets, as suggested by Adam Kobeissi from The Kobeissi Letter.
- While some analysts believe that gold's bull market is nearing its end, Dave the Wave predicts that gold could see gains of up to 2x, potentially reaching a massive price target of $7,500 by 2028.
- Briefly shifting focus from gold, the latest industry announcements include Flock.io partnering with Alibaba Cloud for advanced AI model co-creation, and Paydify launching to enable businesses worldwide to accept crypto payments.
- In the realm of altcoins, Ethereum continues to be a significant player, alongside other cryptocurrencies as the future of finance is explored and covered by The Daily Hodl.
- Moving towards innovative technology, DALLE3, a generating image platform, is another example of integrating AI into our lives, adding a key layer to the broader blockchain story, shaping the landscape of the digital finance universe.











