The $BTC / GOLD chart just printed its lowest RSI ever.
Bitcoin topped against Gold in Dec 2024, and by that measure we’ve been in a ~14-month bear phase — similar in length to past cycles (2013–15, 2017–19, 2021–22).
Yes, Bitcoin made a new dollar ATH in Oct 2025. But priced in Gold, the trend has been down much longer. That raises a different possibility:
Maybe this isn’t the start of a new bear market — maybe it’s the final stretch of one that began over a year ago.
Previous 14-month bear cycles were followed by multi-year uptrends.
Now the question is simple: does history repeat, or do bears push this historic low even further?

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