Will gold easily break $4,000 by the end of the year? Wall Street is collectively bullish, and Bitcoin is ready to take off

According to the latest data from Trading View, gold prices have shown strong upward momentum since the beginning of this year, with spot gold prices rising 26.6% and breaking through $3,500 per ounce for the first time recently, creating 28 historical highs in just over four months. Market analysts point out that global geopolitical tensions, monetary policy policy uncertainty uncertainty, and continued gold purchasing by central banks have collectively enhanced gold's attractiveness as a safe-asset.. Notably, investor concerns about economic prospects amid escalating US tariffiff US-China trade conflicts have becomeeled a key factor driving gold prices higher. Against this backdrop, Goldman Sachs has recently raised its gold price forecast, expecting gold to reach $3,700 per ounce by the end of 2025, with extreme scenarios potentially approaching $4,500. JP Morgan also released an optimistic report on gold's future trajectory. The report indicates that with US tariff policy escalation and ongoing US-China trade conflicts, global recession risks are continuously rising. They predict gold prices will average $3,675 per ounce in the quarter quarter of 025 further climb above $4,000 in the second026's second quarter.JP quarter estmarket data shows that Bitcoin's price correlation with US stocks is weakening while its correlation with gold is with is significantly strengthening. As another sought-after safe asset dubbed "digital gold", Bitcoin is gradually forming a closer price linkwith gold in under conditions of increasing global economic uncertainty. Some analysts suggest that if gold prices continue to rise according to JP Morgan's predictions, Bitcoin might also benefit from similar safe-haven demands and potentially appreciate further.