BREAKING
332d 19h ago

Bitcoin’s Historic Downtrend: Breaking Below a 12-Year Uptrend as Gold Soars to New Heights

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On March 14th, COINOTAG News reported a significant shift in the Bitcoin-to-Gold exchange rate, breaking below a critical uptrend line that has persisted for more than twelve years. Esteemed analyst NorthStar cautions that a sustained drop below this trend line for a week or more could indicate the conclusion of Bitcoin’s longstanding bull market. During this period, while Gold reached unprecedented levels, Bitcoin, often cited as “digital Gold,” has witnessed a cooling off in its uptrend.

The notable decline in the BTC/XAU ratio coincided with Gold prices surging over $3,000 per ounce, marking an approximate 12.80% increase in 2025 alone. In stark contrast, Bitcoin has recorded an 11% decline this year. According to the World Gold Council, US spot Gold ETFs have drawn in excess of $6.48 billion in capital so far this year, contributing to a global total of approximately $23.18 billion in inflows. Conversely, US spot Bitcoin ETFs have experienced outflows nearing $1.46 billion year-to-date, further illustrating the shifting investor sentiment.

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