Bitcoin Nears Oversold Territory as Gold Hits Record Highs Amid $1.5M BTC Parity Bet

• Bitcoin nears historic oversold levels, signaling potential accumulation phase.
• Gold outperforms with record highs, maintaining its role as a safe-haven asset.
• Ricardo Salinas forecasts Bitcoin at $1.5M to match gold’s $30T market cap.

Bitcoin’s comparative performance against gold has drawn attention following technical data that show oversold levels have been seen over the past decade. According to historical analysis shared by market analyst Crypto Rover, the Bitcoin-to-gold (BTC/XAU) ratio shows cycle patterns that align with Bitcoin halving events, which often precede major bull markets.

WE’VE SEEN THESE OVERSOLD BITCOIN/GOLD LEVELS ONLY A FEW TIMES IN HISTORY.

EACH TIME IT MARKED A GENERATIONAL BOTTOM FOR BITCOIN! pic.twitter.com/RHekZCOGus

— Crypto Rover (@rovercrc) October 18, 2025

The chart covering the period from 2012 to 2025 shows three distinc…

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