Analysis: Historical pattern suggests potential BTC rally after gold's run

Bitcoin's six consecutive months of underperformance against gold is mirroring a pattern from 2019-2020, according to an analysis by CoinDesk. The outlet noted that the BTC-to-gold ratio has fallen 23% this month alone, indicating that investors have favored the traditional safe-haven asset amid geopolitical uncertainty. This dynamic echoes the period between August 2019 and January 2020, after which Bitcoin went on to outperform gold for the following five months. While some analysts suggest the ratio may have bottomed out, others reportedly express concern that any recovery could be merely a technical rebound.