Bitcoin looks strong again. After rebounding from a $60,000 drop, BTC began to beat traditional markets.
The movement remained modest. However, this was enough to reignite the Bitcoin versus Gold debate. Is Bitcoin quietly preparing for a new period of outperformance?
Bitcoin regains strength against traditional markets
Bitcoin regained momentum on March 11. The royal coin returned above $71.7k and outperformed gold and the S&P 500.
Since the February 24 drop, Bitcoin has gained approximately 13.2% in two weeks. Gold rose about 1.6%, while the S&P 500 fell slightly.
This gap suggested that money was coming back into crypto. As a result, Bitcoin stopped looking weak and started to stand out again.
At the same time, the Iran-Israel-US conflict has increased pressure on global markets. Gold generally benefits from this kind of fear. However, Bitcoin moved faster this time around, as traders rushed into assets that remain active around the clock.
BTC/Gold chart hints at cycle bottom
The monthly Bitcoin versus gold chart once again showed a clear trend.
As a reminder, in 2018, Bitcoin took 12 months to reach its lowest level against gold, while in 2022 it took 13 months.
Tracking the current cycle suggested another slow reset. While BTC/Gold bottomed last month, the 2026 cycle took around 14 months to bottom.
Meanwhile, the monthly RSI has bounced off a key support zone. Notably, this same level marked the bottom of the previous cycle.
This was important because the correction became longer with each cycle. However, this did not weaken the signal. This only suggests that larger capital is moving more slowly than before.
So the setup seemed familiar. Bitcoin has spent months bleeding against gold, and that pain may have finally reached its exhaustion.
Final summary
- Data from Santiment shows that Bitcoin has already started to regain strength thanks to gold and stocks.
- The BTC/Gold chart suggests that the market may have started another significant rotation.
