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You are currently viewing Bitcoin Poised For 10x Surge? Analyst Points To Gold’s Playbook

Bitcoin eased back this week after a fresh peak, but a loud bullish pitch is making rounds. According to market updates, the coin hit about $124,390 before slipping to $114,158 and then nudging up to $115,285 at press time.

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Based on reports from a chart-focused analyst who goes by AO, Bitcoin may be tracing a pattern like gold’s, and that pattern could point to a rise toward $600,000 — a jump of roughly 420% from current levels.

Analyst Sees Gold Pattern

AO’s view rests on chart shapes. He compares Bitcoin’s recent wedge and ascending triangle to the way gold moved over the last decade. According to AO, Bitcoin’s consolidation around $115,000 could be the base for a large breakout.

#BITCOIN IS READY FOR A HUGE BULL RUN. pic.twitter.com/eorprzknEQ

— AO (@AO_btc_analyst) August 18, 2025

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