Bitcoin, despite its 10 % increase since January, could face a major correction while gold outperforms with annual gains of 20 %. This reverse dynamic between the two active ingredients raises fears of an imminent reversal on the Crypto market.
An unusual dynamic on the markets
On January 28, 2025, The Kobeissi Letter underlined an unusual phenomenon on the financial markets. Despite an American dollar reaching a 52 -week summit and a return on bonds at 10 years exceeding 4.80 %, gold continues to increase, defying its traditional reverse correlation with the greenback.
Precious metal also resisted the market turbulence, especially fears linked to the Deepseek IA this week. “” Gold prices are growing despite the volatility of the S&P 500 and the vigor of the dollar “, Observe Kobeissi. This trend suggests a renewed interest in gold as a refuge value.
In comparison, Bitcoin has an increase of 10 % since January, half of the gold gains over the same period. THE data From Cointelegraph Markets Pro and TradingView confirm this divergence, revealing a possible displacement of capital to more traditional assets.
Bitcoin alert signals
Technical analysis highlights a critical threshold for Bitcoin. According to the Northstar account on X, if the Bitcoin/Or ratio goes below 34, the upward trend could be compromised. This level is all the more monitored as the ratio had reached historical heights in December 2024, revealing a risk of correction.
Despite these concerns, some experts, including Michaël Van de Poppe, remain optimistic. According to him, Bitcoin will eventually follow gold to new records, a trend already observed in the past with a discrepancy of several months.
Currently, the BTC/XAU ratio is in the consolidation phase. A break under 34 could mark the end of the bullish cycle, while maintenance above this threshold would strengthen the positive dynamics for a few more weeks or months.
In this context, while gold shows exceptional resilience, Bitcoin enters a decisive phase, carried by the Arizona initiative aimed at allocating part of its public funds to the asset. Investors must remain attentive to the technical signals that could announce a reversal of the market.
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