James Van Straten|Oct 22, 2025 11:07
The last significant gold correction was in August 2020.
GOLD
Aug 6, 2020: Gold hit its all-time high of 2,035.
Aug 11: Saw a 5% correction, followed by a 20% correction lasting 7 months.
BITCOIN
From August to early October 2020, Bitcoin consolidated below 10,000 before surging to new highs, driven by COVID stimulus, which is why it happened quickly.
Now, due to crypto liquidation event, US government shutdown, significant gold correction, more rate cuts coming, and AI capex spending, Bitcoin's cycle will extend as it consolidates above 100,000.
Still bullish, expect more chop.(James Van Straten)
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