BTC at Oversold Levels Again—Is a New Cycle High Incoming?

News

Crypto Researcher Predicts Bitcoin’s Collapse, Is BTC’s Economic Model Failing?

  • Bitcoin reaches oversold levels, hinting at a possible new cycle high.
  • Gold surges while Bitcoin drops, fueling Schiff’s $10K Bitcoin prediction.
  • Wave Trend Oscillator suggests a potential Bitcoin rally ahead.

The price of Bitcoin has dropped into oversold territory again. Every past occurrence during this bull cycle led to massive price surges. A similar move could happen soon.Bitcoin looks weak at the moment. Since January, the price has fallen over 10.50%, landing at $83,706.02. The stock market shows a similar pattern. The S&P 500 has dropped at least 5.44%. Meanwhile, gold has taken a different path, jumping by no less than 17.56%.

Wave Trend Oscillator and Bitcoin’s Bullish History

Market shifts create uncertainty. Peter Schiff, a strong advocate for gold, believes Bitcoin faces serious risks. He warns that gold breaking $5,000 could send Bitcoin crashing to $10,000. Many investors wonder if this scenario will play out. The Wave Trend Oscillator has signaled major Bitcoin rallies throughout this bull cycle. Each oversold reading led to strong upward moves. A new price explosion could follow soon. Traders rely on historical patterns.

Past signals from this oscillator aligned with major Bitcoin breakouts. A fresh oversold reading has arrived. The next few weeks will reveal if another surge happens. Global markets influence Bitcoin’s path. The stock market decline shows investor caution. Gold’s rise suggests a shift toward safe-haven assets. Bitcoin often reacts to both trends, moving between risk-on and store-of-value roles.

Bitcoin vs. Gold—Schiff’s Warning

Gold has gained significant strength this year. At the start of January, one ounce equaled 0.02771 BTC. That ratio surged over 32.80%, reaching a peak of 0.03763 BTC per ounce on March 11, 2025. Just yesterday, gold’s value in Bitcoin jumped 5.47%. Schiff argues that gold’s climb will continue. He believes a $5,000 gold price could trigger a Bitcoin collapse to $10,000.

His stance remains firm—Bitcoin lacks real fundamentals, unlike gold, which has stood strong for centuries. Despite Schiff’s skepticism, Bitcoin maintains a loyal following. Many young investors see Bitcoin as a new form of financial freedom. The coming months will determine whether Bitcoin rebounds again or faces a deeper decline.

A showdown between gold and Bitcoin appears inevitable. A strong gold rally could challenge Bitcoin’s dominance. However, Bitcoin has defied doubters before. History suggests another explosive move may arrive soon.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed

Leave a Reply