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Analysis: Bitcoin Falls to Nearly Three-Year Low Against Gold RSI, Seen as Bull-Bear Border

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2025-12-21 06:54:22
Bitcoin/gold (BTC/XAU) prices have fallen to around 20 ounces of gold, the lowest since early 2024, while the weekly RSI indicator for the ratio fell to around 29.5 (oversold zone), close to a three-year low. Data show that this RSI oversold zone has historically appeared near the bottom of bear markets, and some analysts believe that this may mean that Bitcoin is undervalued and has room to rebound in the future. But there are also views that if this key support is lost, it may indicate a weakening trend.
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