According to Andre Dragosch, the current financial conditions tightening mirrors the severity seen in 2022, characterized by money supply contraction and an inverted yield curve. However, the BTC to gold ratio has recently reversed, signaling a short-term improvement, with Bitcoin showing outperformance compared to stocks despite the negative liquidity environment.

According to @CryptoMichNL, the BTC to gold valuation has fallen below 30, a level he associates with historic bear market low zones (source: @CryptoMichNL). He cautions that a second leg down remains possible despite this signal, citing similar structures in 2022 during the November breakdown and in 2018 with further downside continuation (source: @CryptoMichNL). He also notes the production cost of one BTC is really close, underscoring caution for traders around potential bear market lows and drawdown risks (source: @CryptoMichNL).

According to @Andre_Dragosch, the BTC to gold ratio has dropped to a historic outlier within a Bitcoin power law framework, falling well below the 1 percent band and constituting a black swan move (source: @Andre_Dragosch on X, citing @sminston_with). According to @Andre_Dragosch, this setup implies either a sharp repricing of BTC toward median to upper quantiles for gold’s current valuation (he references a 200k to 300k range) or a renewed lift in the ratio if gold cools and capital rotates into BTC (source: @Andre_Dragosch on X).

According to @CryptoMichNL, the Relative Strength Index of Bitcoin BTC versus Gold has dropped below 30 for the fourth time on record, with prior sub-30 readings aligning with the 2015, 2018, and 2022 bear market bottoms for BTC (source: @CryptoMichNL). He notes this is not a guarantee of a bottom but highlights the repeated historical pattern as potentially meaningful for assessing BTC’s relative trend versus Gold in the current market context (source: @CryptoMichNL).

According to @AltcoinDaily, Michael Saylor stated that Bitcoin (BTC) will be a larger asset class than gold by 2035, source: @AltcoinDaily (X, Nov 13, 2025). For trading context, the World Gold Council estimates gold’s total above-ground value at roughly $13 trillion, and with Bitcoin’s fixed 21 million supply described in the Bitcoin whitepaper, surpassing gold implies a BTC market cap above $13 trillion and indicative per-coin levels around $600k, sources: World Gold Council; Bitcoin whitepaper (Nakamoto, 2008). The BTC-to-gold ratio is available as a relative value tracking chart on TradingView for traders monitoring this narrative, source: TradingView.