This is one of the most accurate ratios in the book for the the two assets. Practically last time we updated this on October 30 2020, it helped us catch the exact time that Bitcoin started its parabolic rise (when it was close to testing the 2017 ATH) and began to outperform Gold heavily once again:
Right now the price of GOLD-to-BTC ratio is yet again very...
Last time I looked into this very informative ratio was in late October 2020, right before Bitcoin started its new Parabolic Rise:
The Triangle broke to the downside and that heavily favored BTC against Gold in a diverging trade trade that few saw.
Since April though, we saw BTC giving away power to Gold with the ratio starting to rise again as BTC hit the...