Top Analyst Predicts Bitcoin’s Next Bull Run After Gold & S&P Success

Financial services veteran Mel Mattison, an analyst with a proven track record of accurately predicting market movements, has now turned his attention to Bitcoin (BTC), declaring it the next significant bull run opportunity. Mattison previously made striking predictions that saw the S&P 500 surge after his April “buy now” call, validating his aggressive bullish outlook for the index to reach 7,000 within a year and 15,000 before the end of Donald Trump’s term. Months later, in August, he successfully encouraged investors to accumulate gold when its price was consolidating, detailing his investment in January 2026 GLD call options. This timing perfectly aligned with gold’s subsequent rally to new all-time highs.

Mattison’s current focus on Bitcoin suggests he views the digital asset as a prime play in a global risk-on environment, positioning it alongside gold and equities. He believes BTC is entering a potentially bullish phase, poised for a “massive run.” Complementing this bullish sentiment, crypto market expert Merlijn the Trader has drawn a compelling technical comparison between Bitcoin’s current weekly chart and gold’s historical price action from the late 1970s. Merlijn highlights a near-identical ascending channel formation, with Bitcoin’s 2023-2025 trajectory closely mirroring gold’s structure from 1976-1979, which preceded gold’s dramatic breakout to new all-time highs above $760 in 1980.

Bitcoin is currently situated at the upper end of this ascending channel, implying a potential breakout that could lead to a significant upward move, echoing gold’s historic surge. While Merlijn hasn’t provided a specific price target, he is confident BTC is primed for a “legendary move” to new highs. The article primarily focuses on the potential benefits of this predicted surge, backed by historical accuracy and technical analysis. It does not explicitly detail specific risks associated with investing in Bitcoin, though the inherent volatility and speculative nature of cryptocurrencies are implied in any such bullish forecast.

(Source: https://bitcoinist.com/analyst-has-turned-to-bitcoin/)