According to Michaël van de Poppe, the current surge in gold prices mirrors the euphoric bull run that Bitcoin experienced in 2021. Van de Poppe suggests a heightened state of enthusiasm among gold investors and anticipates a peak within 1-2 weeks due to the rapid growth rate. Traders should closely monitor the gold market for potential reversal signals as the peak approaches.

According to Michaël van de Poppe, as Gold's price is projected to decline significantly in the upcoming week, Ethereum ($ETH) is expected to rise back above 0.02 BTC, aiming towards a price range of $1,900-$2,000. Additionally, Bitcoin's resurgence towards the $90,000 mark could further stabilize the crypto market, reducing panic and uncertainty. These movements suggest potential trading opportunities in Ethereum and Bitcoin, given the anticipated shifts in traditional and crypto markets. Source: [Michaël van de Poppe Twitter](https://twitter.com/CryptoMichNL/status/1911507430640406999).