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🥇$BTC is getting cheaper relative to gold
The BTC/GOLD pair has just shown the second lowest RSI value on the 2-week chart, a situation that happens very rarely. This level means that Bitcoin is currently significantly cheaper than gold than usual, and the market is in a strong oversold zone relative to XAU.
❗️What does this mean?
Historically, such imbalances have led to reversals in favor of BTC as capital gradually flows from safe-haven assets back into risk assets. This is not a guarantee of growth, but an indicator that the room for recovery for Bitcoin is becoming significantly wider.
#BTC #Bitcoin $BTC
{spot}(BTCUSDT)