According to the source, Gemini CEO Tyler Winklevoss said Bitcoin is Gold 2.0, reinforcing the digital gold thesis that frames BTC as a macro hedge. Source: Tyler Winklevoss public statement. Institutional research characterizes Bitcoin as a scarce monetary asset with a fixed 21 million supply, supporting the store of value trade framework used by market participants. Source: Fidelity Digital Assets, Bitcoin First report. For positioning, traders track BTC to gold correlation, which reached multi‑year highs during risk‑off periods in 2022 and is a key gauge when the digital gold narrative trends. Source: Kaiko Research, 2022 correlation analysis. BTC has historically shown an inverse relationship with US real yields, so monitoring TIPS implied real rates helps assess pressure on the store of value trade. Source: Coinbase Institutional research, 2023 macro commentary. Relative momentum can be measured via the BTC to XAU ratio using CME CF Bitcoin Reference Rate alongside COMEX Gold benchmarks, with live charting available on major market data platforms. Sources: CME Group benchmarks and TradingView market data.

According to @KobeissiLetter, global central banks bought 53 tonnes of gold in October, the highest monthly total since November 2024, a 194 percent jump versus July, and the third straight month of acceleration. Source: The Kobeissi Letter on X, December 4, 2025. Central bank net buying has been a key pillar of gold demand in recent years, which World Gold Council research identifies as an important driver of price resilience when official sector flows remain strong, a dynamic traders monitor alongside real yields and the dollar. Source: World Gold Council Gold Demand Trends 2022 to 2024 and Gold and US rates research. For crypto positioning, BTC has shown episodes of positive short term correlation with gold during macro stress, which Kaiko Research documented in 2023 to 2024, so traders often watch official sector gold flows as a macro hedge signal when sizing BTC exposure. Source: Kaiko Research Market Updates 2023 to 2024.

According to @rovercrc, investors are losing trust in fiat and gold is skyrocketing, a backdrop that could revive the digital gold narrative and redirect flows toward Bitcoin BTC for a safe-haven rotation trade, source: @rovercrc. Traders tracking this thesis can watch for a rebound in BTC to gold correlation, rising BTC dominance on risk-off sessions, and improving spot BTC ETF net inflows alongside gold strength, source: @rovercrc.

According to Cas Abbé, gold is rallying toward a new all-time high and he argues BTC typically lags gold, implying a potential BTC ATH if gold breaks out, source: Cas Abbé on X, Aug 30, 2025. Cas Abbé cites a prior instance where gold set an ATH in April and Bitcoin printed a new ATH roughly one month later as evidence of this lag pattern, source: Cas Abbé on X, Aug 30, 2025. Based on Cas Abbé’s view, traders can monitor a confirmed gold ATH breakout as a leading indicator for BTC momentum and time entries around a presumed one-month lag while maintaining risk controls given this is an observational correlation, source: Cas Abbé on X, Aug 30, 2025.