Analyst Who Nailed Gold & S&P Surge Now Predicts Bitcoin Bull Run
📌 Bitcoin Primed for a "Massive Run" According to Proven Analyst
A prominent crypto market analyst, Mel Mattison, with a proven track record of accurately predicting market movements in both gold and the S&P 500, has now set his sights on Bitcoin (BTC). Mattison's bold call that Bitcoin is entering a new bull run has sent ripples through the crypto community, given his history of successful market forecasts. This announcement adds weight to the growing sentiment that BTC could be on the cusp of significant gains.
Mattison shared his analysis on X this week, stating that investors should consider accumulating Bitcoin. He believes BTC is entering a potentially bullish phase, hinting at a "massive run" for the leading cryptocurrency. Mattison's shift to Bitcoin underscores the increasing interest in digital assets as part of a broader investment strategy.
Mattison's Impressive Track Record
This isn't the first time Mattison has made a prescient market call. Earlier this year, his predictions regarding gold and the S&P 500 proved remarkably accurate. In April, he advised investors to "buy now" on the S&P 500, forecasting it would reach 7,000 within a year and 15,000 before the end of President Trump’s term. The S&P 500's subsequent rally validated his bullish outlook. This successful forecast further solidified his reputation as a reliable market analyst.
🚀 Furthermore, in August, Mattison recommended accumulating gold while its price was consolidating, labeling it a rare long-term opportunity. He disclosed his investment in January 2026 GLD call options at the 330 and 350 strike levels, anticipating a 6-12 month rally. His timing proved impeccable as gold broke out to new all-time highs shortly thereafter. This adds significant credibility to his current Bitcoin prediction.
📌 Technical Analysis Echoes Bullish Sentiments
Adding to the bullish sentiment, crypto market expert Merlijn the Trader has drawn parallels between Bitcoin's current weekly chart and gold's price action in the late 1970s. His analysis highlights a striking similarity in the ascending channel formation, suggesting a potential breakout for Bitcoin similar to gold's surge in 1980. This technical comparison provides further support for a positive outlook on Bitcoin's future price movement.
Merlijn's analysis points to Bitcoin consolidating within the same upward channel that preceded gold's dramatic breakout above $760 in 1980. He argues that Bitcoin has closely mirrored the rhythm, structure, and squeeze of this bullish setup. This pattern suggests that Bitcoin could be on the verge of a similar "legendary move" to new highs.
Currently, Bitcoin's price is near the upper end of the ascending channel, signaling that a breakout could trigger a substantial upward movement mirroring gold's historical performance. While Merlijn has not provided a specific price target, his confidence in Bitcoin's potential remains high. This technical alignment further strengthens the case for a bullish Bitcoin outlook.
📌 Stakeholder Positions
The views of various stakeholders are crucial in understanding the potential impact of this bullish outlook. Here's a brief overview:
| Stakeholder |
Position |
Impact on Investors |
| Mel Mattison (Analyst) |
📈 Strongly bullish on Bitcoin |
👥 Encourages investors to accumulate BTC |
| Merlijn the Trader (Analyst) |
📈 Bullish, citing technical similarities to gold |
📈 Provides a technical basis for potential price surge |
| Crypto Community |
Eager and watching closely |
📈 Increased attention and potential investment flow into Bitcoin |
📌 🔑 Key Takeaways
- A proven analyst, Mel Mattison, who accurately predicted surges in gold and the S&P 500, is now calling for a Bitcoin bull run. This significantly boosts investor confidence due to his track record.
- Mattison's analysis is supported by technical charts showing similarities between Bitcoin's current price action and gold's historical surge in the late 1970s, suggesting a potential breakout.
- The alignment of bullish sentiment from multiple analysts points to a potentially significant upward movement for Bitcoin, making it a key asset to watch in the coming months.
🔮 Thoughts & Predictions
The confluence of factors – a respected analyst's bullish call, combined with compelling technical analysis – makes a strong case for potential Bitcoin appreciation. However, it’s crucial to remember that even the most accurate analysts can be wrong, and historical patterns are not guarantees. Given the current market conditions and Mattison's track record, a conservative estimate would place Bitcoin's potential Q4 high in the $80,000 - $90,000 range, provided no major negative events disrupt the market. The real question is whether this rally can sustain beyond the short-term speculative frenzy and establish a new, higher baseline for Bitcoin's long-term value.
🎯 Investor Action Tips
- Monitor the $73,777.50 level, the current all-time high, for signs of strong resistance if the price approaches that point, as a failure to break through could signal a potential pullback.
- Consider scaling into Bitcoin positions gradually, rather than making a large lump-sum investment, to mitigate the risk of buying at a local top.
- Set stop-loss orders below key support levels (e.g., recent swing lows) to protect capital in case of unexpected market downturns.
🧭 Context of the Day
Today, the convergence of a proven analyst's bullish Bitcoin call and compelling technical patterns signals a potentially significant market upswing.
