The BTC/Gold ratio vs global liquidity is sitting near extreme negative Z-score territory historically where Bitcoin has been deeply undervalued, not just “cheap.” Every previous visit to this zone marked major accumulation phases, not tops.
What this really says:
liquidity hasn’t priced into $BTC yet, while gold already has. When that gap closes, it usually doesn’t happen slowly.
This isn’t a short-term trade signal it’s a macro mispricing.
Markets don’t stay this stretched for long.
#BTCMiningDifficultyDrop #GoldSilverRally #USRetailSalesMissForecast

BTC
67,201.86
+0.26%