Analyst: the precious metals market overheated, investors will start to move into bitcoin

The sharp rise in gold and silver prices in 2025 makes Bitcoin a relatively underestimated asset, creating the prerequisites for its powerful rally in the fourth quarter.

Precious metals at historical highs

Gold and silver prices continue to update records against the backdrop of weakening the US dollar: gold has exceeded the mark $4,000 per ounce, and silver $50which has become the maximum in the last 45 years.

However, according to analysts, The current growth of metals is close to completion, and investors can start redistribute capital to alternative assets such as Bitcoin and Tokenized real assets.

Founder of the educational project Coin Bureau Nick Pakrin noted that gold has risen in price more than 50% since the beginning of the yearwhich indicates market overheating. He added:

“After such a powerful growth of gold, investors’ attention will probably switch to other assets that express the same idea – protection against inflation. These may be other metals, commodities, tokenized real assets and Bitcoin, which still looks underestimated compared to gold.”

Source: TradingView

Bitcoin becomes a new inflation protection

According to Pakrin, all these assets serve insurance against fiat currency inflation and growing geopolitical instability.

Bitcoin installed in October New Historical Maximum – More than $126,000, in parallel with rising prices for gold and silver. In the same time The US dollar has been experiencing the worst year since 1973, and trust in it continues to decline.

Goldman Sachs forecasts that gold could reach $4,900 an ounce by the end of 2026, but current growth rates indicate market overheating.

US dollar falls – Bitcoin gets a chance to break

As analysts noted Kobeissi Letter, US dollar decreased 10% since the beginning of the year, and since 2000 I lost about 40% purchasing power.

Source: TradingView

Experts indicate that the weakening of the dollar provoked Simultaneous capital inflow into asylum assets and risk instrumentswhich is unusual for the classical market cycle. Usually, when stocks fall, gold and bitcoin grow – and vice versa.

Now investors are rebuilding their strategies to new monetary erawhere inflation becomes the norm, and governments finance expenses by depreciating currency, pushing up prices for all kinds of assets.

Bitcoin is ready to grow in the fourth quarter

According to Matt Hugan, investment director BitWise, Bitcoin will become the main beneficiary of the weakening of the dollar:

“In the context of the ongoing currency devaluation, investors will look for assets that retain their value. Bitcoin is one of the main candidates for this place.”