Bitcoin-to-Gold ratio destroys 12-year support as the gold price hits a record of $ 3k

Bitcoin (Btc) violated a rising support trendline against gold (XAU), which has not been intact for more than 12 years, on March 14th.

Famous Analyst Northstar Says This breakdown can coast the end of the 12-year Bull Run of Bitcoin if it stays under the golden trend even a week or a month-a month.

Is Bulcoin’s Bull Market done? Let’s look at the BTC’s relationship with gold.

Gold hit the new record high as Bitcoin’s uptrend cools

The BTC/XAU ratio breakdown took place as the gold rates hit a new record high of $ 3,000 per ounce on March 14, after an increase of nearly 12.80% year-to-date.

In contrast, the bitcoin, which is often called “Digital Gold“It dropped by 11% to the present in 2025.

The performances reflect the different net flows in the US-based spot exchange-traded funds (ETF) that monitor Bitcoin and gold.

For example, on March 14th, US-based Gold ETFs spot collectively attracts more than $ 6.48 billion YTD, according to Data Resource World Gold Council. Worldwide, gold ETFs have seen $ 23.18 billion in the flow.

On the other hand, the area based in the US Bitcoin etf Nearly $ 1.46 billion in YTD outflows, according to the Onchain Glassnode data platform.

The driving force behind the difference -It is that it lies in the growing uncertainty of macroeconomic and Risk-off sentimentaggravated by President Donald Trump’s Aggressive trade policies.

Related: Bitcoin Panic sale costs new investors $ 100m in 6 weeks – research

New tariffs In China, Mexico, and Canada have increased the fear of a global slowing of the economy, which drives investors to traditionally safe properties such as gold.

Meanwhile, central banks, including those in the US, China, and UK, accelerated their gold purchases, further strengthening gold prices.

In contrast, Bitcoin reflects the broader market at risk. On March 14, the 52-week coefficient of the relationship with the Nasdaq Composite Index was 0.76.

Is Bitcoin price leading?

The Current Bitcoin-to-Gold Breakdown Aligned with historical patterns, especially the March 2021 -Marso 2022 fractal, which preceded the last bear market.

At that time, the ratio of BTC/XAU showed a difference -Bearish variety, characterized by increasing juxtapated prices against a lowering relative -child index (RSI). This pattern is suggested to cut the upward momentum.

As a result, the ratio initially retreated to 50-time, two-week exponential transfer of average (EMA) support level before eventually dropped by 60%.

The BTC/Xau breakdown period in conjunction with 68% Bitcoin correction against the US dollar.

BTC/XAU has re-completed a two-phase EMA Retest, reporting in the 2021–2022 fractal.

With the RSI showing bearish diversity, the momentum appears to be fading, increasing the likelihood of further decline, especially if the ratio drops precisely under 50-2W EMA support (~ 26 xau).

As a result, it can also indicate the increase in bitcoin’s weakness in price declines in dollar terms, along with 50-2W EMA below $ 65,000 acting as the next potential target downside.

That dropped nearly 40% from Bitcoin’s record high around $ 110,000 established in January.

However, the analysts of Nansen Consider Such a denial as a “correction within a bull market,” increasing the possibilities of a bullish revival if 50-2W EMA holds as support. However, a certain rest under EMA can push Bitcoin into the territory of the bear market.

That could drag the 2025 downside target of Bitcoin to 200-per-week EMA (the blue wave) of less than $ 34,850 if this bitcoin-gold fractal repetition.

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.