According to Skew Δ, gold ($GOLD) remains strong on the 4-hour chart, with technical momentum that could be supporting a passive bid on Bitcoin (BTC) as traders seek alternative safe havens. The analyst highlights that gold's upward movement is likely influenced by the potential for escalating conflict involving Iran, particularly concerns over oil facility strikes. This geopolitical risk is driving capital flows into both gold and BTC, reinforcing the narrative of Bitcoin as digital gold during times of crisis (Source: @52kskew on Twitter, June 13, 2025).

According to The Kobeissi Letter, gold prices pulled back to the key $3120 uptrend support in mid-May 2025, prompting a premium trading alert that recommended entering long positions targeting $3400 and above. These positions have since yielded significant gains as gold surged past the projected targets. This technical development is relevant for crypto market participants, as gold’s strength often signals a flight to safe-haven assets, potentially influencing digital asset flows and Bitcoin’s correlation to macroeconomic risk trends (source: The Kobeissi Letter, June 9, 2025).