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28/05/26 06:20 UTC-04

Bitcoin vs. Gold: BTC’s Three-Month Uptrend Has Been Broken

Cryptocurrency Cryptocurrency
Cryptocurrency Bitcoin vs. Gold: BTC’s Three-Month Uptrend Has Been Broken
  • Bitcoin’s three-month uptrend against gold has been broken.
  • ETF flows point to renewed demand for precious metals.

Bitcoin’s uptrend against gold, which had lasted for the past three months, was interrupted as investors began to prefer the precious metal as a store of value.

The chart shows how much Bitcoin is worth in dollars per coin compared with the price of gold in dollars per ounce. According to it, since early March, the flagship coin had been clearly leading, increasing the ratio from around 12 to 18 points. Then the indicator’s growth slowed, and over the past 24 hours it fell sharply, breaking through the upward trendline. In the world of technical analysis, this is a serious breakdown, signaling renewed investor inflows into gold.

This is also indicated by the intensified withdrawal of funds from U.S. spot Bitcoin ETFs, which have lost more than $2 billion over the past two weeks. Meanwhile, funds investing in gold and precious metals are seeing demand from investors. In the week ending May 20, their issuers recorded inflows of $2.34 billion, marking a second consecutive record.

At the time of writing, Bitcoin was trading at $75,934, down 1.01% over the past 24 hours, according to CoinMarketCap. Gold fell by 0.3% over the same period to $4,521.

See also: "Top 5 AI Cryptocurrencies on the Solana Network in May 2026"

#Bitcoin (BTC) #Gold

Editor: Pereyidenko Ihor
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