Analysts: Gold-to-Bitcoin rotation could push BTC toward $90K
- —BTC/XAU rose over 37% in Q3, the strongest quarter since late 2024
- —Odds of an October Fed rate hike fell to 17% from 75%
- —September US jobs report missed forecasts, with a 60,000 downward revision
- —Fidelity's Timmer sees Bitcoin targeting $100,000 after breaking $80,000
Why it matters: Bitcoin's strength against gold may signal returning liquidity and open the path to $90,000, though FOMC-driven volatility remains elevated.
Source: AMBCrypto