Gold Tests Historic Resistance as Bitcoin Faces Critical Support in 2025
On December 24, 2025, gold is approaching a significant resistance level against the U.S. money supply (M2SL) that has not been decisively breached since the late 1970s. This resistance was previously observed in 2011 and the early 1970s, marking a critical juncture in gold's valuation metrics.
Gold's price currently stands at approximately $4,500 per ounce, having increased roughly 70% throughout 2025.
Meanwhile, Bitcoin, sometimes referred to as digital gold, is trading near $87,123.65. It is testing a key support level close to the April tariff tantrum low, which also corresponds to the prior cycle high from March 2024.
Despite its high price, Bitcoin has declined roughly 10% year-to-date in 2025.
This comparison highlights the differing trajectories of gold and Bitcoin relative to money supply and market conditions during the year.
