Bitcoin’s gold-backed futures: Can the rise in precious metals trigger a surge of $185,000?

As bullish momentum recovers, Bitcoin analysts predict its potential target price to reach $129,000, with some forecasts reaching $185,000 in the fourth quarter of 2025. This forecast is based on the historical correlation between Bitcoin and gold, which hit a record high of $3,659 per ounce in September 2025 against the backdrop of a decline in confidence in the global monetary system. Analysts point out that Bitcoin’s price usually lags about 100 days behind gold due to liquidity differences, and the expected Fed rate cut is seen as a growth catalyst. Despite concerns about capital turning to precious metals, Bitcoin’s programmable scarcity and decentralized structure are seen as its long-term advantages.