Analyst Who Called The Gold Surge To ATH And The S&P Rally Has Turned To Bitcoin - Here’s What He Said | Bitcoinist.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto market analyst who correctly predicted gold’s price surge to new all-time highs and explosive rallies in the S&P 500 is now turning his focus toward Bitcoin (BTC). The analyst has officially declared Bitcoin the next bull run opportunity. His bold call and history of accuracy have left the crypto community eager to see where the cryptocurrency’s price heads next.

Bitcoin Now In Focus After Analyst Nails Gold And S&P Predictions

In a post on X earlier this week, financial services veteran Mel Mattison announced that investors should start buying Bitcoin. The analyst believes BTC is entering a potentially bullish phase, suggesting that the pioneering cryptocurrency could be on the verge of a “massive run.”

Related Reading: How The Gold Rally Has Been Mirroring Bitcoin’s Momentum Over TimeInterestingly, this is not the first time Mattison has made such a bold call. Earlier this year, his predictions on gold and equities proved surprisingly accurate. In April, he had made a striking prediction about the S&P 500, urging investors to “buy now” and forecasting that the index would hit 7,000 within a year and 15,000 before the end of US President Donald Trump’s term. Since then, the S&P 500 has surged, validating Mattison’s aggressive bullish outlook

Source: Chart from Mel Mattison on XMonths later, in August, the financial service veteran encouraged investors to accumulate gold while its price was down and still consolidating, labeling it a rare long-term opportunity. He also detailed his moves by adding to January 2026 GLD call options at the 330 and 350 strike levels, explaining that the setup was ideal for a 6-12 month rally. Remarkably, his timing aligned perfectly with gold’s subsequent rally, which saw the precious metal break to new all-time highs

With his focus now on Bitcoin, Martian appears to be positioning the digital asset alongside gold and equities as the next major play in a global risk-on environment. His bullish calls align with other analysts who believe BTC could advance toward a new ATH this Q4

BTC Price Chart Mirrors Gold’s Legendary 1980s Surge

Sharing similar bullish sentiments, crypto market expert Merlijn the Trader has presented a striking technical comparison between Bitcoin’s current weekly chart and gold’s historical price action in the late 1970s. The analysis highlights a near-identical ascending channel formation, with BTC’s price action from 2023 to 2025 closely mirroring gold’s structure from 1976 to 1979

Related Reading: Want To Buy ‘Cheap’ Bitcoin? Pundit Reveals Where Whales Will Be BuyingIn the accompanying chart, Merlijn indicated that Bitcoin’s trajectory shows a clear consolidation within the same upward channel that preceded gold’s dramatic breakout to new all-time highs above $760 in 1980. The analyst explained that the cryptocurrency has accurately traced the rhythm, structure, and squeeze of this distinct bullish setup

Currently, Bitcoin’s price is situated at the upper end of the ascending channel, suggesting that a breakout could lead to a significant upward move that could mirror gold’s historic surge. While the analyst has not shared a specific price target for his bullish outlook, he remains confident that BTC is primed for a “legendary move” to new highs.

BTC trading at $109,754 on the 1D chart | Source: BTCUSDT on Tradingview.comFeatured image from Pixabay, chart from Tradingview.com Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.