Bitcoin vs. gold ratio is supported for 12 years, depending on $ 3K recorded.

Bitcoin (BTC) violated the support trend for the unsupported GOLD (XAU) for 12 years on March 14.

Popular analyst Northstar said that if this breakdown stays under the golden trend line for a week, it can spell the end of Bitcoin’s 12 years of bull.

Is Bitcoin’s bull market over? Let’s take a closer look at the correlation with BTC’s gold.

Gold has set a new record as Bitcoin’s upward trend cools down.

The failure of the BTC/XAU rose on March 14, as the SPOT GOLD rate rose about 12.80% year -on -year and achieved more than $ 3,000 on March 14.

In contrast, Bitcoin, often called “Digital Gold,” decreased 11% by 2025.

This performance reflects the contrasting pure trend to the US -based SPOT exchange transaction fund (ETF) to track Bitcoin and gold.

For example, as of March 14, US -based SPOT GOLD ETFS has a total of $ 64.8 billion YTD. Globally, Gold ETFs have entered $ 23.8 billion.

Onchain Data Platform GlassNode, on the other hand, saw almost $ 14 billion leaked YTD.

The driving force of this divergence is to increase the macroeconomic uncertainty and risks worsened by President Donald Trump’s aggressive trade policy.

relevant: Bitcoin panic sales costs new investors for six weeks for $ 1 billion -Study

New tariffs in China, Mexico and Canada have raised fear of the global economic slowdown and pushed investors with traditional safe assets such as gold.

Meanwhile, central banks in the US, China and the United Kingdom have accelerated gold purchases to further increase gold prices.

In contrast, Bitcoin reflects a wider dangerous market. As of March 14, the 52 -week correlation coefficient with the NASDAQ composite index was 0.76.

Did Bitcoin price rank first?

The current Bitcoin-Gold failure is consistent with the historical pattern, especially in March 2022, March 2022, 2022, which is ahead of the last bear market.

At that time, the BTC/XAU ratio showed a weakening of the decreasing relative strength index (RSI), characterized by a rising price increase. This pattern has proposed to reduce upward momentum.

As a result, the ratio was ultimately reduced by 60%before retreating to 50-period and 2 weeks index moving average (EMA) support level.

The BTC/XAU failure period matched 68% of Bitcoin’s 68% modifications for US dollars.

BTC/XAU once again completed the Phase 2 EMA re -test and reflected 2021–2022 fractal.

As the RSI shows the weakness of the weakness, the driving force seems to be fading, especially if the ratio is decisively lower than the 50-2W EMA support (~ 26 XAU).

As a result, the vulnerability of Bitcoin’s price drop has increased to the dollar period, and 50-2W EMA has less than $ 65,000.

Bitcoin’s record has been reduced by about $ 110,000 in January.

Nevertheless, Nansen analysts increase the likelihood of strong revival in consideration of the decrease in the “correction of the bull market” when 50-2W EMA is maintained with support. But the decisive rest under the EMA was able to push Bitcoin into the bear market territory.

If the bitcoin gold fractal is repeated, you can raise the 2025 drop in Bitcoin to $ 34,850 with an EMA (blue wave) 200 weeks 2 weeks.

This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.