BREAKING
381d 14h ago

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

BTC

BTC/USDT

$66,969.90
+1.49%
24h Volume

$5,893,102,060.79

24h H/L

$67,284.00 / $65,766.10

Change: $1,517.90 (2.31%)

Long/Short
71.0%
Long: 71.0%Short: 29.0%
Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$66,885.03

0.72%

Volume (24h): -

Resistance Levels
Resistance 3$74,458.01
Resistance 2$69,708.76
Resistance 1$68,058.24
Price$66,885.03
Support 1$66,155.21
Support 2$64,323.39
Support 3$60,000.00
Pivot (PP):$66,702.02
Trend:Downtrend
RSI (14):42.4

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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