#BTC vs #XAU (BTCXAU): the ratio just flipped bullish ๐Ÿ”ฅ
After 12 years in BTC, I watch BTC/GOLD closely. It shows whether Bitcoin is actually outperforming the โ€œsafe haven.โ€
๐Ÿ“‰ Nov 2025: ratio topped above 28
๐Ÿ“‰ Feb 2026: bottomed at 12.1 (down more than 55%)
๐Ÿ“ˆ Since then: higher lows (12.1 โ†’ 13.7 โ†’ 14.3) and higher highs (18.0 โ†’ 18.6 โ†’ 21.0)
๐Ÿ“ˆ Sept: broke out of the 18.5 area and ran to 21
Today: 20.08, the first pullback after a sharp run.
๐ŸŸข Base case: retest of 19.4โ€“19.6 (breakout support), then another push at 21 ๐ŸŽฏ
๐Ÿš€ Bull: a daily close above 21.35 opens 22.45, then 24+
๐Ÿ”ป Bear: a close below 19.4 and the breakout fails, with 18.5 and 17.5 next
Note that part of this move came from gold weakening, so a gold bounce can pull the ratio down even if BTC holds.
Iโ€™m watching 19.4 and 21.35. Whatโ€™s your call, retest first or straight through? ๐Ÿ‘‡
#BTC #Bitcoin #Gold #XAUT #BTCVSGOLD #CryptoAnalysis