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Bitcoin vs. gold flashes multiple bottom signals as BTC bulls defend $70K

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Bitcoin vs. gold flashes multiple bottom signals as BTC bulls defend $70K

Bitcoin vs. gold ratio flashes classic bottom signals with oversold RSI recovery and impending bullish trend line cross after 14-month drawdown.

Bitcoin (BTC) has endured a 14-month bear market against gold, with the BTC/Gold ratio and momentum indicators at historic lows that previously marked cycle bottoms.

Key takeaways:

The BTC/GOLD ratio is at historic lows as multiple indicators hint at a cycle bottom.

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