Bitcoin (BTC), a popular digital currency, is trading close to $87,000 as we near the end of December 2025. This is after a significant drop of over 30% from its earlier high of $126,000 in October. Meanwhile, the prices of gold and silver, two valuable metals, are hitting record highs.
While this difference in performance might seem concerning for Bitcoin, some experts believe it signals something positive. They point out that we have seen a similar pattern before. This pattern previously set the stage for a huge rise in Bitcoin’s value.
They explain that in mid-2020, a similar situation unfolded. Back then, gold and silver prices increased first following a major financial event. A few months later, the attention shifted to Bitcoin, causing its value to soar dramatically.
Gold and Silver Are Rising While Bitcoin Pauses
A market watcher named Bull Theory compared today’s situation to what happened after the financial crash in March 2020. In a post shared online, Bull Theory highlighted some strong similarities.
Back in 2020, after the financial market was hit, a lot of money from central banks flowed into valuable metals like gold and silver. For instance, gold’s price rose from $1,450 to $2,075 by August 2020, and silver’s price jumped from $12 to $29.
During the same period, Bitcoin’s price stayed steady, moving between $9,000 and $12,000 for about five months. But then Bitcoin experienced a huge rise, going up to $64,800 by the second quarter of 2021. This was a 440% increase in its value compared to its price in August 2020.
Fast forward to 2025, and gold and silver are leading the charge once again. Gold has reached a record-high price of $4,550, while silver hit a new peak just under $84 recently. These increases happened after a very strong final quarter this year.
Bitcoin, however, is still under $90,000 and recovering from an event in October when over $19 billion in leveraged positions (investments made using borrowed money) were lost. But according to Bull Theory, this doesn’t mean things are going downhill for Bitcoin. Instead, it could be a sign that Bitcoin’s rise is coming later, as has happened before.
There are also additional factors that could support Bitcoin in 2026. For instance, there might be more rate cuts (when central banks reduce interest rates to make borrowing money cheaper). Plus, there could be more money added to the financial system, easier bank rules, better crypto regulations, and broader access to investment tools like ETFs (funds that allow people to invest in Bitcoin without owning it directly).
“Last time, Bitcoin’s rise was largely driven by the availability of extra money in the system,” Bull Theory said. “This time, we’re looking at a combination of extra money and better financial structures working together.”
What This Means for Bitcoin in 2026
At the moment, Bitcoin is trading slightly below $90,000. It has gone up by about 2% today, but it’s down nearly 6% for the entire year. Over the past week, Bitcoin’s price hasn’t moved much. It has stayed within a range from the high $86,000s to just above $90,000, showing low activity over shorter periods.
While Bitcoin’s price has been calm, the same can’t be said for gold and silver. Gold’s price has gone up by around 75% this year, and silver has gained more than 170%. Because of this difference, Bitcoin now looks undervalued when compared to gold and silver. Some people argue this makes Bitcoin seem like a good deal.
If what happened in 2020 happens again, Bull Theory predicts Bitcoin’s rise could be massive. The analyst believes Bitcoin could increase its value by more than four times in 2026.
According to Bull Theory, the current slow and steady market for Bitcoin doesn’t mean a drop is coming. Instead, it’s like the calm before a big storm. A storm that could bring a strong upward movement in Bitcoin’s value.
The post Analyst: Bitcoin Dip Resembles 2020 Metals Surge – Big Rally Possible in 2026 first appeared on CryptoPotato.