Bitcoin vs gold shows potential bottom signals as BTC bulls defend $70K

Technical indicators hint at a possible reversal in BTC’s relative performance, as traders watch whether key support levels can hold.

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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