Bitcoin-to-gold ratio falls to new low, but analysts say BTC’s discounted ‘setups are rare’

Gold’s record-breaking rally inadvertently put pressure on Bitcoin’s allure, but analysts say historical data shows BTC eventually starts a catch-up rally.

Bitcoin’s (BTC) relative performance against gold has weakened sharply, but several analysts argue that this setup remains a long-term investment opportunity for BTC.

Key takeaways:

The Bitcoin-to-gold ratio fell to 18.5 ounces per BTC, its lowest since November 2023.

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