Bitcoin Poised for Potential Comeback Against Gold, Analysts Suggest

A notable shift may be on the horizon for Bitcoin, as a seasoned market analyst highlights a critical technical pattern that could signal a turning point for the cryptocurrency against gold. After months of underperformance, where the digital asset lagged significantly behind the traditional safe-haven metal, indicators are emerging that suggest a potential reversal of fortunes for Bitcoin. The Bitcoin-to-gold ratio has seen a dramatic plunge, falling over 37% from 32 in early October to approximately 20 recently. This decline has accelerated as gold enjoyed a robust rally throughout 2025, while Bitcoin's price slipped below key support levels. However, daily technical readings are now pointing towards a "bullish divergence" for the BTC/GOLD pair. This phenomenon indicates that despite Bitcoin's price reaching new lows, the underlying selling pressure is easing, a pattern often observed before a market rebound. Adding further weight to this outlook, the weekly Relative Strength Index (RSI) for the BTC/GOLD pair has plummeted to around 31.85. This level is particularly significant as it was last witnessed during the infamous FTX collapse in November 2022, which marked a cycle bottom for Bitcoin. Historical data also reveals similar RSI lows in 2015 and 2018, both preceding substantial recoveries. While these signals suggest that Bitcoin's downtrend against gold may be losing momentum, market sentiment remains divided, with short-term investors still favoring gold for capital protection, even as long-term Bitcoin holders continue to anticipate significant upside once broader risk appetite returns.