Are the highs in gold already behind us?


Came across an interesting BTC/GOLD dominance chart. Previously, it took around 395 days to move from a BTC dominance peak to the bottom, after which dominance started rising again.
This time, that stretch has already reached 427 days. So the question is simple: either the pattern has broken, or the cycle has just been delayed and BTC dominance is about to start pushing higher.
That does not automatically mean BTC has to explode upward. It may simply mean gold starts underperforming Bitcoin more aggressively. That also makes sense in the current macro backdrop, as countries like Turkey and others may be forced to sell reserves to offset economic pressure driven by geopolitics.
BTC1,29%
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