Bitcoin-to-Gold Ratio Falls Below 12-Year Support as Gold Reaches All-Time High of $3,000
On March 14, Bitcoin (BTC) broke a key support trendline against gold (XAU) that had lasted for over 12 years, raising concerns among analysts about the future of Bitcoin’s bull run. While gold reached a record high above $3,000 per ounce, Bitcoin’s value has dropped by 11% this year. Analysts suggest that this trend could ...