Bitcoin-to-Gold Ratio Hits Historic Low, Current Buying Window May Be Better Than 2017

Odaily News: Data shows that Bitcoin's price relative to gold has fallen to a historic low. This indicator has appeared multiple times in the past near cyclical bottoms in the Bitcoin market, indicating that Bitcoin is in a significantly weaker position compared to gold. However, some analysts also view the current market environment as a potential accumulation opportunity superior to the period before the 2015-2017 bull market launch. Market analysis suggests that long-term holders are absorbing recent selling pressure. As capital rotates between safe-haven assets and risk assets, some traders anticipate a potential capital rotation from gold back to Bitcoin starting from February. However, other viewpoints caution that such capital rotation is not guaranteed and that changes in the macro environment and market risk appetite still need to be monitored. (Cointelegraph)