đš BITCOIN VS GOLD JUST HIT ITS LOWEST RSI IN HISTORY
Most people are looking at Bitcoin in dollars.
That might be the mistake.
On the Bitcoin/Gold chart, RSI has reached the lowest level ever recorded.
That changes the entire narrative.
Bitcoin peaked relative to Gold in December 2024.
Since then, weâve been in a ~14-month relative bear market.
Now look at history:
April 2021 â June 2022 = 14 months
December 2017 â February 2019 = 14 months
November 2013 â January 2015 = 14 months
Every major Bitcoin bear market has lasted roughly 14 months.
We are now at that same duration â again.
Yet the prevailing view says weâre âearlyâ in a bear market because Bitcoin made a new all-time high in dollars in October 2025.
But hereâs the key:
If Gold and Silver were aggressively rallying at the time, Bitcoinâs dollar ATH may have been partially a currency illusion â a denominator effect.
When you price Bitcoin in Gold instead of dollars, the picture looks very different.
Instead of being a few months into a fresh downturnâŠ
We may be in the final phase of a bear market that started 14 months ago.
That distinction matters.
Because the end of each prior 14-month bear market wasnât followed by sideways chop.
It was followed by multi-year expansions.
2015 â 2017
2019 â 2021
2022 â 2024
Each cycle began from extreme relative weakness and deeply oversold momentum readings.
Now we have:
Lowest RSI in history (BTC priced in Gold)
Bear market duration matching prior cycles
Maximum pessimism on relative performance
So hereâs the real question:
Are we early in a new bear marketâŠ
Or are we at the exhaustion point of an old one?
If history rhymes, this level wonât be remembered as breakdown territory.
It will be remembered as compression before expansion.
Anyone short here is betting that the most oversold relative condition in Bitcoinâs history keeps accelerating lower.
Thatâs possible.
But historically, extremes like this have marked turning points â not beginnings.