Bitcoin hits record low against gold, echoes past market bottoms

[mendez]

Bitcoin fell to a record low versus gold in January, a level analysts say has historically aligned with major BTC market bottoms.

Data from Bitwise Europe shows the BTC-to-gold ratio, adjusted for global money supply, has dropped into an extreme undervaluation zone. Similar conditions last appeared in 2015, shortly before Bitcoin entered its 2015–2017 bull market and rallied more than 11,000%.

Analyst Michaël van de Poppe called the current setup “a better opportunity to be buying Bitcoin than 2017,” fueling expectations that capital could rotate from gold into BTC later this year. Some analysts suggest this shift could begin as early as February or March.

[bonk]

btc at record lows vs gold lol feels like deja vu from 2015, maybe this is the buy window people have been waiting for