Bitcoin’s 90-day correlation with gold just flipped hard negative at -0.34, the lowest since March 2020.
And we all remember what happened then.
Gold ripped +8%, while BTC got nuked -38%.
Feels familiar.
Gold is pushing toward $5,600, silver is up 241%, and Bitcoin is down 13%. Older money is piling into metals as a safe haven. If markets get shaky, leveraged players will need liquidity. They won’t sell their gold — they’ll sell the easiest asset to dump: Bitcoin.
But here’s the key part most people miss 👇
A strong negative BTC–gold correlation has historically been bullish for Bitcoin, just with a delay.
March 2020 → led to a 600% BTC rally by April 2021
December 2016 → set up the 2017 parabolic run.
Once gold and silver top out over the next 3–6 months, that capital has to rotate somewhere.
Not back into stocks.
Not into bonds.
It flows into the most liquid, uncorrelated asset that got left behind: Bitcoin.
So the real question is —
Who’s buying BTC now while metals run… before the rotation hits?
$BTC $XRP #BTC #PAXG #BTCVSGOLD #MarketPullback #CryptoMarkets