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Bitcoin Hits Record Oversold Level Against Gold, Echoing a 660% Rally

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2026-07-11 15:45:26
Bitcoin has reached its most oversold level on record versus gold, a setup last seen before a 660% macro rally in BTC. According to BeInCrypto, the BTC/Gold oscillator is at -1.81 standard deviations from its long-term trend and below its four-year average of -1.42, marking the deepest reading since 2010. The report says Bitcoin is trading below both its power-law trend and four-year average, with the trend’s structural fair value implying a Bitcoin price near $283,000. BeInCrypto notes similar troughs appeared in 2015, 2018-19, COVID (2020) and the FTX collapse (2022).
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