Bitcoin looks historically oversold versus gold
$BTC is showing an extreme relative weakness signal against gold.
Bitcoin is reportedly at its most oversold reading ever versus $GOLD.
Previous setups like this have appeared before some of Bitcoin’s strongest rallies.
The bigger signal is that Bitcoin may be deeply compressed relative to traditional safe-haven assets.
For $BTC bulls, the key question is whether this becomes another major reversal signal or simply reflects continued preference for gold during macro stress.