Bitcoin looks strong again. After recovering from the $60,000 dip, BTC started beating traditional markets.
The move remained small. However, it was enough to bring back the Bitcoin vs. Gold debate. Is Bitcoin quietly preparing for a new period of outperformance?
Bitcoin is regaining strength against traditional markets
Bitcoin regained its momentum on March 11. The King Coin climbed back above $71.7K, outpacing both gold and the S&P 500.
Since the February 24 dip, Bitcoin has risen approximately 13.2% in two weeks. Gold rose about 1.6%, while the S&P 500 fell slightly.
This gap suggested that money was flowing back into crypto. As a result, Bitcoin stopped looking weak and started to stand out again.
Meanwhile, the conflict between Iran, Israel and the US put additional pressure on global markets. Gold tends to benefit from that kind of fear. However, Bitcoin moved faster this time around as traders rushed to assets that remain active 24 hours a day.
The BTC/Gold chart indicates a cycle bottom
The monthly Bitcoin vs. gold chart once again showed a clear pattern.
For context, in 2018 Bitcoin took 12 months to bottom against gold, while in 2022 it took 13 months.
Tracking the current cycle suggested another slow reset. If BTC/Gold bottomed last month, it took roughly 14 months in the 2026 cycle to bottom out.
Meanwhile, the monthly RSI bounced out of a key support area. Interestingly, that same level marked the previous cycle bottom.
This was important because the correction became longer and longer with each cycle. However, that did not weaken the signal. It only suggested that the larger capital was moving more slowly than before.
That’s why the setup looked familiar. Bitcoin had been bleeding against gold for months, and that pain may have finally reached exhaustion.
Final summary
- Santiment’s data shows that Bitcoin has already started regaining strength from gold and stocks.
- The BTC/Gold chart suggests that the market may have started another major rotation.