Bitcoin has regained momentum against traditional assets like Gold and the S&P 500 after a recent dip. Data suggests the BTC/Gold ratio may be signaling a cycle bottom, indicating a potential rotation of capital back into cryptocurrency markets.
Bitcoin has reclaimed strength against traditional markets. The cryptocurrency moved back above $71,700 on March 11th and outpaced both Gold and the S&P 500. Since a dip on February 24th, Bitcoin has gained approximately 13.2% in two weeks, while Gold rose about 1.6% and the S&P 500 slipped slightly.
This performance gap suggests money may be moving back into crypto. As a result, Bitcoin stopped looking weak and began standing out again. Meanwhile, geopolitical tensions added pressure across global markets.
The monthly Bitcoin versus gold chart shows a historical pattern. Tracking the current cycle suggests a potential reset, with the BTC/Gold ratio possibly having bottomed last month. If so, the 2026 cycle took roughly 14 months to form a low.
This matters because the correction appears to be getting longer with each cycle. However, this does not weaken the signal; it only suggests larger capital is moving slower than before. Therefore, the setup looks familiar, with Bitcoin having spent months bleeding against gold until potentially reaching exhaustion.
