History says: yes. 🟡➡️$BTC
We’ve seen this play out before.
🔹 August 2020:
Gold topped near $2,075, then dropped almost 10% in four weeks.
Bitcoin fell too — about 20%, from $12,000 to $9,800, shaking weak hands out.
🔹 What happened next?
From September 2020 to April 2021, Bitcoin surged +559%, rallying from $9,825 to $64,850.
During the same period, gold fell 15%.
That rally wasn’t random — a big part of it was capital rotating out of gold and into risk assets like $BTC .
🔹 Another key signal: ISM
In July 2020, ISM moved above 50, signaling economic expansion.
Today, ISM is at 52.6, still firmly in growth territory — very similar conditions.
🔹 Fast forward to now:
Gold likely peaked near $2,600 and has already corrected close to 20%.
Bitcoin also pulled back about 15% during the same period.
📌 The setup looks familiar:
Strong ISM (economic growth)
Gold showing signs of topping
Bitcoin already corrected
All signs point toward capital rotating back into risk assets in the months ahead.
👀 Smart money watches rotations — not headlines.