Analysts see potential gold-to-Bitcoin capital shift starting in February

A capital rotation from gold to Bitcoin could begin as early as February, potentially signaling a rebound for the cryptocurrency, Cointelegraph reported. Crypto trader Michaël van de Poppe explained that data from Bitwise Europe shows Bitcoin's value relative to gold (XAU) has recently fallen to an all-time low. He noted that this level is similar to major bottoms observed just before past bull markets, suggesting the current environment may present a better buying opportunity for Bitcoin than 2017 did. Separately, analysts at Bitwise Europe and Swyftx also projected that some funds could move to Bitcoin following the recent rally in gold, forecasting the trend could emerge between February and March.