Gold Mimics Bitcoin’s Epic Breakout—is the World About to End? 🤔

by

Gold Looks a Lot Like Bitcoin’s Last Year—Did Someone Say “Copycat”? 🏆

In what could only be described as the financial world’s version of a game of “Follow the Leader,” the legendary trader Peter Brandt, with more gray hairs than some of us have hairs to count, announced via the noble art of tweeting that gold might be doing a spot-on impression of Bitcoin’s spectacular breakout from last year. Because who doesn’t love a good imitation, especially when it involves precious metals that cost as much as a small island? 🌍

Bitcoin is Showing Gold the Rope

Brandt, a man so experienced he probably remembers when trading was just whispering to your horse, claims that gold is mimicking Bitcoin’s “expanding inverted triangle” pattern—a pattern so fancy it sounds like something from a wizard’s spellbook. He’s quick to remind us that he could be wrong, perhaps because market predictions are as reliable as a weather van—sometimes right, mostly wet.

This chart, as abstract as a modern art masterpiece, suggests that gold, much like Bitcoin in mid-2024, is teetering on the edge of a potential breakout later this very year. Currently, gold’s chart is doing its best impression of a descending triangle—like a rollercoaster at a budget theme park—with support around $3,400 and a downward-sloping ceiling that’s more depressing than Monday morning without coffee. But beware—the charts are not identical twins, just very close siblings sharing the same DNA of chaos.

Here is the way I am reading Gold right now, and I certainly could be wrong. That would be OK, because I don’t take the market personally and it doesn’t take me the same
Gold has expanding inverted triangle, similar to last year’s Bitcoin chart $GC_F $BTC
— Peter Brandt (@PeterLBrandt) June 2, 2025

While Bitcoin famously pulled off a lion’s roar of a breakout, gold is still trying to decide whether to join the party or hide behind a sofa. Last year, Bitcoin took the plunge and soared. Now, the golden question is—will gold follow suit or sit this one out and watch?

Financial Guru Kiyosaki Predicts the World’s Going to Crash (and the Stocks Too!)

Enter Robert Kiyosaki, a man with a financial crystal ball so shiny it could blind you. The author of “Rich Dad Poor Dad” and the prophet of doom—or perhaps just the insightful—tweeted that the big crash everyone’s been talking about since the dinosaurs roamed the Earth is imminent. Or, you know, maybe just later this summer. Either way, it’s happening, so get your popcorn ready. 🍿

Kiyosaki, who has a flair for dramatic predictions, believes that the usual hot mess of stocks, bonds, and real estate is about to spiral into a financial spaghetti bowl. When this chaos ensues, millions of retirees will be financially vanishing faster than lost socks in a dryer. But fear not! Because with the impending doom, the shiny knights of investment—Bitcoin, gold, and silver—will save your portfolio from turning into a financial compost heap.

He calls silver “the best bargain” right now, predicting it will triple (3x, people!), rising from $35 to heights only seen in dreams or spoonfuls of sugar. And as for Bitcoin, he’s already envisioned it soaring to a cool $180,000 to $200,000 in 2025—because obviously, sky’s the limit when you’re dreaming big.

Read More

2025-06-03 10:46