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Bitcoin Hits Most Oversold Level Against Gold in 3 Years as BTC Risks Falling Below $100K

The BTC/Gold ratio looks most oversold since November 2022, according to the RSI indicator.

💡 DMK Insight

DMK Insight: The current oversold condition of the BTC/Gold ratio, as indicated by the RSI, suggests potential for a price correction or rebound in Bitcoin. This could reflect shifting investor sentiment as market dynamics evolve, particularly in relation to traditional assets like gold. Traders should monitor this ratio closely, as it may signal a strategic entry point for Bitcoin investments.