$BTC The gold ratio has dropped to 15, BTC is now in a zone of extreme value for money, not far from historical lows
As gold prices have surged significantly, the crypto market is sending strong signals for bottom fishing!
On January 29, analyst Murphy pointed out that the BTC gold ratio has sharply decreased from 41 to 15, while the previous bear market's bottom was only 9, with historical lows now in sight!
Gold's strong performance has suppressed the value-for-money ratio of BTC, but it has also placed Bitcoin in a valuation lowland — the drop space to the historical bottom is now less than 40%, while the upward potential has been greatly enhanced due to the Fed's interest rate cuts and expectations of global liquidity easing.
Capital has always pursued value for money, the safe-haven premium of gold has been pushed up, and the BTC that has suffered from being "wrongfully killed" is waiting for value reassessment. When the ratio approaches the historical low point of 9, funds will inevitably flow back, and the moment of Bitcoin's reversal has entered the countdown! #金银为何暴跌 #比特币ETF净流入流出