According to Crypto Rover, recent trading activity shows that as gold enters a consolidation phase, Bitcoin is experiencing increased upward momentum. Data from May 2, 2025, indicates Bitcoin's price is starting to decouple from gold, with volume and volatility rising on major exchanges (source: Crypto Rover via Twitter). Traders are advised to monitor Bitcoin’s breakout levels and resistance zones closely, as this shift could signal a strong bullish trend for BTC in the near term.

According to Michaël van de Poppe, the recent rally in Bitcoin is potentially inflated due to the approval of the Bitcoin ETF and the support from the U.S. government. He suggests that while gold traditionally supports Bitcoin momentum, the current situation may indicate a necessary consolidation phase for gold. This analysis implies possible caution for traders considering the current Bitcoin rally, as it might not be solely driven by organic market forces.