Bitcoins three-month rally against gold appears to be losing momentum as investors increasingly shift capital toward gold and precious metals amid changing market conditions. The BTC-to-gold ratio, a widely watched indicator comparing Bitcoins price to golds value per ounce, has broken below its bullish trendline, signaling a potential reversal in investor sentiment. Since early March, Bitcoin significantly outperformed gold, pushing the BTC/gold ratio from around 12 points to nearly 18 points. However, recent price action suggests the uptrend has ended. Technical analysts view the break… Read more
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