The Real BTC Crash No One Is Talking About: Gold Ounces
The market has been fixated on the dollar price of $BTC, but the true valuation metric—the BTC/Gold ratio—has cratered. We are witnessing a brutal 50% devaluation since January 2025. $BTC went from commanding 40 Gold ounces down to just 21 ounces today. This level is profoundly significant. The last time $BTC traded at 21 ounces, the price of $XAU was sitting comfortably between $2000 and $2500. This is not a simple short-term drawdown; it is a fundamental, aggressive repricing of digital scarcity versus physical scarcity. The cross-asset charts confirm the consensus: $BTC was massively overvalued against the ultimate safe-haven asset, and the correction is now settled history.
This is not financial advice.
#BTCvsGold #MacroAnalysis #DigitalScarcity #XAU
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