Bitcoin-to-Gold RSI Drops Below 30 as Historical Cycle Turning Zone Reappears

According to analysis by Michaëel van de Poppe, the Relative Strength Index on the Bitcoin-to-gold ratio has fallen below 30, a reading that has previously only appeared at major cycle lows. The move suggests Bitcoin has significantly underperformed gold and may be entering a capitulation phase, with a developing bullish RSI divergence hinting at the potential for a recovery. Past instances of similar setups were followed by double-digit rebounds, and some analysts view the current conditions as a possible transition toward a new expansion phase rather than extended downside.