According to @CryptoMichNL, the BTC-to-Gold (BTC/XAU) ratio has fallen to a new 2-year low, highlighting Bitcoin’s relative underperformance versus Gold, source: @CryptoMichNL. He states Bitcoin is overextended to the downside while Gold is overextended to the upside, increasing the likelihood of mean-reversion, source: @CryptoMichNL. He expects a rotation or at least a short-term bounce in Bitcoin relative to Gold, source: @CryptoMichNL. For traders, this points to monitoring BTC/XAU for reversal confirmation and considering relative-value setups favoring BTC over Gold if momentum turns, source: @CryptoMichNL.

According to the source, JPMorgan’s latest research estimates Bitcoin BTC is undervalued by 68,000 dollars relative to gold after the recent dip, indicating BTC may be more attractive than gold on a relative basis, source: JPMorgan research note. For trading, the bank’s view highlights potential upside in the BTC versus gold ratio if the valuation gap narrows, aligning with a relative-value framework that favors BTC over gold in the near term, source: JPMorgan research note.

According to @rovercrc on X, JPMorgan says Bitcoin (BTC) is undervalued relative to gold, highlighted as a breaking headline referencing the 3.6 trillion scale of JPMorgan, source: @rovercrc on X. The tweet does not include a direct link to a JPMorgan research note, so traders should seek the primary document before positioning to avoid headline risk, source: @rovercrc on X.