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The Balance Between Bitcoin and Gold, Which Has Not Been Disturbed for 12 Years, Is About to Deteriorate! Analyst warned!
The Bitcoin-gold exchange rate has fallen below a key ascending trendline that has remained intact for over 12 years, raising concerns about a potential shift in Bitcoin's long-term market trajectory.
Well-known analyst NorthStar warns that if Bitcoin stays below this trendline for a week or more, it could signal the end of the 12-year bull run.
The sharp divergence between Bitcoin and gold came as spot gold prices hit an all-time high of over $3,000 per ounce on March 14. Gold has risen by about 12.80% year-to-date, driven by strong demand and economic uncertainty. In contrast, Bitcoin, often referred to as "digital gold," has faced selling pressure, recording an 11% decline so far in 2025.
Investor sentiment appears to be shifting as inflows ler( )ETF into gold exchange-traded funds are well above Bitcoin ETFs. According to the World Gold Council, there have been more than $6.48 billion in inflows into U.S. spot gold ETFs this year, while global gold ETF inflows have reached $23.18 billion. Meanwhile, U.S. spot Bitcoin ETFs have experienced net outflows of about $1.46 billion year-to-date.
On the subject, the analyst said:
Charlie Morris, founder of ByTree and manager of the BOLD ETF, which tracks both Bitcoin and gold, pointed out the contrasting trends in ETF investments.
"In the last 30 days, there have been $10 billion inflows into gold ETFs and $5 billion outflows from Bitcoin ETFs," Morris said, adding: "Sooner or later, the flows will reverse again, as they always have."