Lawrence Lepard Says BTC Could Repeat 2020 Rally After Gold’s 67% Gain
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On 22 July 2026 crypto analyst Michaël van de Poppe relayed fund manager Lawrence Lepard’s view that Bitcoin’s recent stagnation while gold surged about 67% in 2025 mirrors 2020, when gold climbed from roughly $1,300 to $2,000 before BTC later rallied. Lepard predicts Bitcoin could reach $180,000 within two years, citing BTC’s stronger risk-on rallies and implying bullish price recovery and adoption upside for the crypto market.
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- Gold went up 67% last year while Bitcoin went nowhere, leading everyone to conclude Bitcoin is broken.
- Lepard recalls 2020, when gold reacted first from $1300 to $2000, and Bitcoin later surged.
- Lepard says Bitcoin could reach $180K within two years, citing BTC’s stronger risk-on rallies.
On 22 July 2026, crypto analyst Michaël van de Poppe shared fund manager and author Lawrence Lepard’s view that Bitcoin’s (BTC) current stagnation relative to gold’s 67% gain mirrors the 2020 market cycle. Lepard argued that gold moved first in 2020 before BTC rallied sharply, suggesting the current divergence reflects a familiar pattern rather than a breakdown in BTC’s long-term trajectory.
Gold Surges 67% as Bitcoin Stays Flat
In 2025, gold delivered one of its strongest annual performances in years, gaining approximately 67% from about $2,623 per ounce at the beginning o…
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