Gold vs. Bitcoin: BTC Targets $140K as XAUUSD Prepares to Surge Above $3,500

A wave of large-scale Bitcoin (BTC) acquisitions by public companies is driving fresh bullish sentiment in the crypto market. Trump Media Group made headlines with a $2 billion purchase, now holding two-thirds of its liquid assets in Bitcoin. MicroStrategy Inc. (MSTR) followed with a $740 million buy, adding over 6,200 BTC to its reserves. These aggressive treasury moves signal strong institutional conviction and help reinforce Bitcoin’s position as a digital reserve asset. This buying spree is creating upward pressure on prices and boosting confidence among retail and institutional investors.

The growing momentum behind corporate Bitcoin treasuries could fuel a breakout in the BTC price above the $140,000 level. Sequans Communications (SQNS), Profusa Inc., and others are aggressively building their crypto holdings amid a more favourable regulatory climate. Meanwhile, Solana (SOL) and Ethereum (ETH) are also drawing capital, adding depth to the market’s bullish narrative. As institutional adoption accelerates, Bitcoin is poised to benefit the most in the near term, with supply tightening and demand climbing rapidly.

On the other hand, the gold (XAUUSD) is also approaching the key level of $3,450-$3,500 and is looking for a breakout. The ratios between gold and bitcoin indicate that both assets are ready to surge higher.

Bitcoin-to-Gold Ratio Near Breakout: What It Means for BTC Price

The weekly chart for the Bitcoin-to-Gold ratio shows that the ratio is trading at 35. This indicates strong bullish momentum. The formation of a cup-and-handle pattern drives the momentum. A break above 40 in this ratio would likely trigger a strong surge in Bitcoin prices. This could potentially push Bitcoin above the $140,000 level.

The recent rally in gold has kept the ratio below the 40 area, limiting the breakout. However, renewed investment interest in Bitcoin could lift the ratio above 40, adding further upward pressure on Bitcoin prices.

Moreover, the ratio also indicates the formation of an ascending triangle, as shown in the chart below. The ratio is trading at the edge of a potential breakout. This potential breakout could trigger a strong surge in Bitcoin prices, suggesting a move above the $140,000 area.

Bitcoin (BTC) Technical Analysis: Breakout Patterns Signal Move To $140K

BTC Breaks $115K With Bullish Patterns

The weekly chart for Bitcoin shows a breakout above the key $115,000 level. As a result, Bitcoin appears ready to surge higher toward the $140,000 area. First, a cup pattern formed on the chart. Then, a breakout occurred from a descending broadening wedge above the $75,000 level. Together, these patterns have initiated a strong bullish trend in Bitcoin prices. Moreover, the RSI is still not in overbought territory, which indicates further upside potential in the current trend.

High Volatility Patterns Support Bitcoin’s Continued Uptrend

The strong breakout in Bitcoin prices is also evident in the chart below.
Specifically, the chart shows that Bitcoin has undergone a period of high volatility. To begin with, a symmetrical broadening wedge pattern formed.
Next, a descending broadening wedge appeared. Finally, an inverted head-and-shoulders pattern emerged. Altogether, these formations highlight the intense volatility in Bitcoin’s recent price action. However, the breakout above the $110,000 area indicates that Bitcoin may continue to trade toward higher levels.

The target for Bitcoin prices can also be seen in the daily chart below, which highlights a two-year trendline extending toward the $140,000 area.
The breakout from the inverted head and shoulders pattern suggests a potential move toward the $140,000 level in the near term.

Gold (XAUUSD) Technical Analysis

The weekly chart for spot gold shows that the price is consolidating between the $3,000 and $3,500 area. However, the strong rebound over the past three weeks has created significant bullish pressure. This bullish structure increases the likelihood of an upside breakout. A break above the $3,500 level will likely initiate another surge in gold prices toward the $4,000 area.

The chart below also shows that gold prices have already broken out of the ascending broadening wedge pattern, indicating a likely move above all-time highs. This is supported by the current consolidation following the breakout, which suggests that a break above the $3,500 area could trigger a more rapid move toward higher levels.