{"id":421932,"date":"2026-03-12T22:56:34","date_gmt":"2026-03-12T17:26:34","guid":{"rendered":"https:\/\/dripp.zone\/news\/bitcoin-gold-ratio-rebound-signals-a-potential-opportunity-window-crypto-news\/"},"modified":"2026-03-13T00:24:43","modified_gmt":"2026-03-12T18:54:43","slug":"bitcoin-gold-ratio-rebound-signals-a-potential-opportunity-window-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-gold-ratio-rebound-signals-a-potential-opportunity-window-crypto-news\/","title":{"rendered":"Bitcoin\u2013Gold Ratio Rebound Signals a Potential Opportunity Window – Crypto News"},"content":{"rendered":"

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Bitcoin\u2019s (BTC<\/a>) long-term price trend against gold shows a bullish shift after retracing to a level previously seen in 2017, 2022, and 2023. The potential trend change appears alongside what analysts describe as an \u201copportunity within risk.\u201d<\/p>\n

BTC\u2013gold ratio shows bullish divergence<\/h2>\n

MN Capital founder Micha\u00ebl van de Poppe noted<\/a> that the Bitcoin-to-gold ratio is showing strength after forming a bullish divergence with the relative strength index (RSI<\/a>) on the daily chart.<\/p>\n

BTCUSD\/Gold ratio on a daily chart. Source: X<\/em><\/figcaption><\/figure>\n

A bullish divergence occurs when the price forms lower lows while momentum indicators such as the RSI form higher lows. The setup signals fading selling pressure.<\/p>\n

In February, the ratio retraced to a key support level near 12-13 that previously acted as resistance in 2017 before turning into support in 2022 and 2023. As a result, the current level may serve as a potential bottom for Bitcoin\u2019s long-term trend against gold.<\/p>\n

\"Cryptocurrencies,
Bitcoin\/Gold ratio one-month chart. Source: <\/em>Cointelegraph\/TradingView<\/em><\/a><\/figcaption><\/figure>\n

Another reason for this possibility is the change in Bitcoin and gold exchange-traded funds (ETFs) flows over the past month. <\/p>\n

For example, the US gold-backed ETF, SPDR Gold Shares (GLD), recorded a $3 billion outflow<\/a> on March 6. The Kobeissi Letter said<\/a>,<\/p>\n

\u201cThis surpasses any previous large daily outflow seen over the last 2 years by +200%.\u201d<\/p><\/blockquote>\n

\"Cryptocurrencies,
Gold ETF flows. Source: World Gold Council<\/em><\/figcaption><\/figure>\n

Meanwhile, the 30-day change in Bitcoin ETF flows improved<\/a> to $906 million in net inflows on March 11, up from a $1.9 billion outflow a month earlier.<\/p>\n

Related: <\/strong><\/em>Bitcoin hugs $70K range as March Fed rate cut odds fall below 1%<\/strong><\/em><\/a><\/p>\n

The holdings measured in native units show another divergence. The 30-day change in Bitcoin ETF balances has improved to 12,909 BTC from -34,197 BTC, while gold ETF holdings dropped to roughly 606,850 ounces from 1.4 million ounces on Feb. 13.<\/p>\n

Macro creates an opportunity window for Bitcoin<\/h2>\n

According to Binance Research, the current macro volatility may present<\/a> an \u201copportunity within risk\u201d for Bitcoin. The report noted that BTC has moved similarly to macro assets like oil and US equities amid the US-Israel and Iran war, reflecting how global events are currently driving the price action.<\/p>\n

\"Cryptocurrencies,
Edit the caption here or remove the text<\/em><\/figcaption><\/figure>\n

But capital is starting to return to BTC despite the volatility. The share of Bitcoin trading volume from US spot ETFs has increased recently, signaling rising institutional activity.<\/p>\n

Related: Three Bitcoin Binance charts reveal the setup behind the next big move<\/strong><\/em><\/a><\/p>\n

Yet ETFs still represent only around 9% of total BTC spot trading volume, well below the 30\u201340% ETF-to-total equity trading volume in US equity markets, suggesting significant room for institutional expansion.<\/p>\n

\"Cryptocurrencies,
BTC returns 1-year before and after the midterm elections. Source: Binance Research<\/em><\/figcaption><\/figure>\n

Historically, periods of geopolitical turmoil have also preceded strong recoveries. For instance, US midterm election years often have market drawdowns with the S&P 500 averaging a 16% peak-to-trough decline. While Bitcoin has historically fallen around 56% during those cycles.<\/p>\n

However, the 12 months following midterm elections have never produced a negative S&P 500 return since 1939, averaging gains of 19%, and Bitcoin has rallied an average of 54% in all three post-midterm years on record.<\/p>\n

As Cointelegraph reported<\/a>, the $78,000 level is now key to a potential broader trend change in the BTC market.<\/p>\n