Bitcoin's price may rapidly approach the $100,000 mark as it shows signs of decoupling from the US stock market and following gold trends. Recent fluctuations saw Bitcoin drop over 3% before recovering, even as the S&P 500 fell significantly. Analysts note a developing narrative where gold's ascent anticipates Bitcoin's breakout, reminiscent of the price movements in late 2018 to mid-2019. However, warnings exist that a bearish fractal could lead Bitcoin to decline to $65,000 if it breaks below significant support levels. Additionally, the possibility of a recession poses risks to Bitcoin's bullish outlook, with concerns about ongoing tariffs potentially triggering a trade war. Federal Reserve Chair Jerome Powell’s indication of a sustained high-interest rate environment further compounds these concerns. Despite these challenges, some traders remain optimistic about Bitcoin’s future resurgence, especially if market conditions improve.

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