According to @charliebilello, gold is up 55% year-to-date in 2025 while Bitcoin is down 9%, making gold the best-performing major asset and Bitcoin the worst, highlighting a rare divergence (source: @charliebilello on X, Nov 22, 2025; bilello.blog/newsletter). According to @charliebilello, this setup is the inverse of 2013, indicating an unusual rotation that traders can benchmark via GLD versus BTC performance for relative-strength tracking (source: @charliebilello on X, Nov 22, 2025; bilello.blog/newsletter). According to @charliebilello, the reported spread supports trading approaches that favor GLD over BTC or monitoring the GLD/BTC spread for momentum or mean-reversion signals, with risk framed by the stated YTD gap (source: @charliebilello on X, Nov 22, 2025; bilello.blog/newsletter).

According to @simplykashif, investors will prioritize assets that cannot be altered by policy or AI, citing gold as the past standard and Bitcoin as the future hard asset. Source: @simplykashif on X. Bitcoin’s supply is programmatically capped at 21 million and block rewards halve roughly every 210,000 blocks, creating algorithmic scarcity central to the digital gold trading thesis. Sources: Satoshi Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash System; Bitcoin.org developer documentation. Gold’s new supply expands about 1–2% annually due to physical extraction limits, underscoring a scarcity contrast that traders use when weighing hard-asset exposure between XAU and BTC. Source: World Gold Council mine production statistics.

According to @KobeissiLetter, since a USD 19.2 billion crypto liquidation on October 10, gold and Bitcoin (BTC) have moved in opposite directions, with gold outperforming BTC by 25 percentage points over the past month, according to @KobeissiLetter on X on Nov 16, 2025. The same source reports this followed months of high positive correlation and strong inflows into both crypto and gold, indicating a post-liquidation structural shift, according to @KobeissiLetter on X on Nov 16, 2025. The author adds that leverage and liquidation dynamics are driving the divergence and that the market has not recovered since the event, according to @KobeissiLetter on X on Nov 16, 2025.

According to André Dragosch, he highlighted a Czech National Bank post stating 'The whole investment volume has not been actively increased' and asked whether reserves were shifted from gold or bonds into bitcoin (BTC) source: x.com/Andre_Dragosch/status/1988984042612748777, x.com/CNB_cz/status/1988940055012933855. The cited posts do not confirm any BTC purchase or any sale of gold or bonds by the Czech National Bank, so no verifiable central-bank BTC flow can be inferred from these sources source: x.com/Andre_Dragosch/status/1988984042612748777, x.com/CNB_cz/status/1988940055012933855. Given the statement that total investment volume was not increased, any new asset allocation would imply rebalancing from existing reserves rather than fresh inflows; however, the sources provide no confirmation that such rebalancing involved BTC source: x.com/CNB_cz/status/1988940055012933855, x.com/Andre_Dragosch/status/1988984042612748777.

According to @caprioleio, Bitcoin ETFs saw no bid yesterday even as the U.S. shutdown appeared to be ending and both the S&P 500 and gold bounced sharply, indicating weak BTC ETF demand versus broader risk-on assets (source: @caprioleio). The author adds that risk assets typically see a strong bid in the weeks following a shutdown, making the current lack of ETF buying an unfavorable signal if it persists (source: @caprioleio). The note concludes there is still time for this to reverse, but the bid needs to turn for BTC to realign with the usual post-shutdown risk rally pattern (source: @caprioleio).

According to the source, Galaxy Digital’s Head of Research Alex Thorn said investor attention will return to Bitcoin (BTC) after capital rotated toward AI, nuclear energy, and gold in 2025, signaling a potential cross-asset flow reversal to watch in BTC markets; source: Alex Thorn, Galaxy Digital via public X post on Nov 10, 2025. For trading, monitor BTC dominance, spot and derivatives volumes, options skew, and U.S. spot BTC ETF net flows for confirmation that attention is shifting back from AI and gold, and consider relative-value setups long BTC versus AI equity proxies or gold on flow turnarounds; source: Alex Thorn, Galaxy Digital via public X post on Nov 10, 2025.

According to Omkar Godbole, the proposed tariff-funded payment plan is unlikely to pass the U.S. Congress, limiting the probability of a near-term fiscal boost to risk assets, source: Omkar Godbole (@godbole17) on X, Nov 10, 2025. Godbole states total payments would likely exceed tariff revenues, implying a funding gap rather than additive stimulus that could support equities or crypto, source: Omkar Godbole (@godbole17) on X, Nov 10, 2025. He adds that elevated inflation would push most recipients toward savings, with only small flows into NVDA, gold, and eventually BTC, and he advises to ignore DOGE, source: Omkar Godbole (@godbole17) on X, Nov 10, 2025.

According to @cryptorover, regional officials say another Israel–Iran war is only a matter of time and another Israeli strike on Iran is almost inevitable, citing the New York Times as the reporting source (source: @cryptorover on X; The New York Times). During geopolitical turmoil, demand for safe-haven assets often rises and is tracked via gold benchmarks (source: World Gold Council). Equity market volatility is commonly monitored through the VIX index, which reflects expected S&P 500 volatility (source: Cboe Global Markets). Crypto desks gauge stress using BTC options implied volatility on Deribit and perpetual funding rates and open interest metrics, while also watching crude oil futures and the ICE U.S. Dollar Index DXY for macro spillovers (source: Deribit; Glassnode Academy; CME Group; ICE).

According to @KobeissiLetter, President Trump announced that high income people will not receive tariff dividends, but @KobeissiLetter argues these households could capture the largest dividend via inflation-fueled asset gains, source: @KobeissiLetter on X, Nov 9, 2025. @KobeissiLetter states that stimulus-style transfers function as involuntary taxation through inflation, historically boosting nominal prices of stocks, real estate, crypto, and gold, source: @KobeissiLetter on X, Nov 9, 2025. @KobeissiLetter concludes that asset owners stand to benefit most, implying portfolios with BTC, ETH, gold, and equities may see nominal outperformance if inflation reaccelerates alongside tariff dividends, source: @KobeissiLetter on X, Nov 9, 2025. For traders, @KobeissiLetter frames this as an inflation trade favoring hard assets and crypto exposure over cash-heavy positioning, with emphasis on nominal gains rather than real returns, source: @KobeissiLetter on X, Nov 9, 2025.

According to @balajis, the S&P 500 is up in nominal USD terms, roughly flat when priced in gold, and down when priced in Bitcoin BTC, indicating equities underperformed BTC over the referenced period (source: https://twitter.com/balajis/status/1987479308051665028). This cross-asset framing implies BTC outperformance versus U.S. equities on a purchasing power basis, which traders can validate by tracking SPX/BTC and SPX/XAU ratios for trend confirmation and rotation timing (source: https://twitter.com/balajis/status/1987479308051665028). The post does not specify the exact timeframe, so traders should align the analysis window before acting, but the relative performance message supports prioritizing BTC-denominated benchmarking in risk management and allocation decisions when equity returns lag hard-asset baselines (source: https://twitter.com/balajis/status/1987479308051665028).

According to @KobeissiLetter, foreign official US Treasuries held in Federal Reserve custody fell to $2.78 trillion in October, the lowest level since 2012 (source: @KobeissiLetter). Foreign official holdings in Fed custody have decreased by $166 billion since March and are down $356 billion from the 2021 peak, indicating weakening foreign demand for US debt and increased diversification away from US Dollar assets (source: @KobeissiLetter). Gold has been a key beneficiary of this rotation, consistent with reserve managers diversifying away from US debt (source: @KobeissiLetter). Traders should monitor US Treasury yield moves and gold flows for positioning as this decline in official custody holdings underscores softer marginal demand for Treasuries and shifting reserve preferences (source: @KobeissiLetter).

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 the source, BTC has experienced more 20%, 10%, and 5% pullbacks than gold and the S&P 500 since 2020, highlighting a higher frequency of sharp drawdowns that traders must account for (source: public social media post dated Nov 2, 2025). BTC traded near $7,100 at the start of 2020, framing the multi-year trend context for risk-adjusted returns and position sizing (source: Yahoo Finance BTC-USD historical data). For trade construction, BTC’s historically higher realized and implied volatility versus gold and U.S. equities supports smaller position sizes, wider stop-loss thresholds, and optionality-based hedges such as protective puts or collars (source: CME Group research on Bitcoin volatility relative to traditional assets).

According to @CryptoMichNL, gold fell about 10% in a single week after a roughly 70% one-year rally, implying elevated volatility at current levels (source: @CryptoMichNL). According to @CryptoMichNL, gold still trades approximately 30-40% above its 20-month moving average, a stretch he notes was last seen during the 1970s run (source: @CryptoMichNL). According to @CryptoMichNL, a further 20% pullback could occur while the long-term uptrend remains intact and closer to fair value (source: @CryptoMichNL). According to @CryptoMichNL, for crypto traders the signal to watch is gold’s decline stalling, which in the last cycle preceded rotation into altcoins and broader risk-on (source: @CryptoMichNL). According to @CryptoMichNL, gold weakness into FOMC suggests improving risk appetite, with stock indices at all-time highs and the view that BTC could be on track for a new ATH in time (source: @CryptoMichNL).

According to @BullTheoryio, Bitcoin (BTC) is tracing gold’s 2024 breakout by compressing in a multi-year ascending wedge and approaching a similar breakout point. According to @BullTheoryio, gold has cooled and is down about 9 percent from its peak, a zone that historically precedes profit rotation from the slow hedge gold into the high-beta hedge BTC. According to @BullTheoryio, the Federal Reserve is preparing another 25 bps rate cut while quantitative tightening is ending, turning liquidity back on and matching the macro mix that fueled prior major BTC rallies. According to @BullTheoryio, unlike gold’s defensive move driven by debasement fears and central bank buying, the next BTC leg is positioned as an offensive move driven by liquidity, adoption, and institutional demand. According to @BullTheoryio, this rotation pattern appeared in 2020 and is setting up again now, implying a breakout and momentum trade bias favoring BTC as liquidity inflects.

According to @Andre_Dragosch, the Asian session saw gold rise while BTC declined, flagging a session-based divergence that intraday traders can track for timing and risk management. Source: @Andre_Dragosch on X, Oct 22, 2025. He also noted the US session saw BTC rise while gold declined, underscoring an inverse move across time zones that traders can monitor for potential rotation and hedging decisions. Source: @Andre_Dragosch on X, Oct 22, 2025.

According to @w_thejazz, BTC cannot replace physical gold and silver and traders should prioritize real minted coins over digital pixels, signaling a metals-first stance versus Bitcoin that can inform sentiment-driven positioning. Source: X post by @w_thejazz on 2025-10-19, https://twitter.com/w_thejazz/status/1979904152722350328 According to @w_thejazz, explicit tagging of #silver and #gold and a challenge to BTC maximalists provide a bearish social-sentiment input for BTC and supportive tone for gold and silver that traders can use when monitoring BTC/XAU and BTC/XAG relative momentum. Source: X post by @w_thejazz on 2025-10-19, https://twitter.com/w_thejazz/status/1979904152722350328 According to @w_thejazz, the post underscores the ongoing store-of-value debate, suggesting traders watch for sentiment-driven volatility between Bitcoin and precious metals in the near term. Source: X post by @w_thejazz on 2025-10-19, https://twitter.com/w_thejazz/status/1979904152722350328

According to @rovercrc, the BTC/Gold ratio has fallen to rare oversold levels seen only a few times historically, and in those prior instances Bitcoin subsequently formed a generational bottom, source: @rovercrc on X, Oct 18, 2025.

According to @AltcoinDaily, “Bitcoin is what gold investors think they're buying,” posted on X on Oct 17, 2025, highlighting the digital gold narrative for traders (source: @AltcoinDaily, X post 2025-10-17). Bitcoin’s supply is hard-capped at 21 million with issuance halving roughly every 210,000 blocks, creating programmatic scarcity distinct from gold (source: Bitcoin whitepaper, 2008; Bitcoin.org Developer Guide). Gold’s above-ground stock grows about 1–2% annually, indicating supply elasticity that can dilute scarcity relative to BTC (source: World Gold Council, supply and production reports). To gauge rotation between hedges, monitor the BTC/XAU ratio using CME CF Bitcoin Reference Rate for BTC and LBMA Gold Price for gold (source: CME CF BRR; LBMA). Track net flows in spot Bitcoin ETFs versus gold ETFs as a demand proxy—IBIT flow data from BlackRock iShares and GLD flow data from State Street SPDR are published daily (source: BlackRock iShares IBIT; State Street SPDR GLD). Rising BTC dominance versus altcoins during macro stress can corroborate a hedge bid, with market-cap dominance data accessible on TradingView (source: TradingView, crypto market dominance data).

According to the source, BTC is at its most oversold level versus gold in three years based on the BTC/XAU relative performance highlighted in an X post dated Oct 17, 2025 (source: X post, Oct 17, 2025). Historically, oversold readings on the Relative Strength Index often precede short-term mean-reversion bounces once RSI recovers back above the 30 threshold (source: J. Welles Wilder, New Concepts in Technical Trading Systems, 1978; John J. Murphy, Technical Analysis of the Financial Markets, 1999). Traders can watch for an RSI cross back above 30 on the BTC/XAU pair and a daily close back above the 20-day moving average as confirmation before adding long exposure (source: John J. Murphy, Technical Analysis of the Financial Markets, 1999).