BTC Has "lost" over 25% of its value relative to GOLD in just 12 days from recent top to local bottom (BTC down, Gold up). This is quite a large move and one of the bigger opposite moves we've seen between the two in recent days. Investors seemingly can't get enough gold (until today). With a monthly RSI of 92+ which is the highest it has seen in half a century. Meanwhile, the "Digital Gold" has sold off a lot recently and has underperformed other risk assets over the past couple of weeks. The big question will be whether we see a rotation of capital at some point. There has been times in the past where BTC started going up after a big gold rally and it locally topping. But there has not been enough of a sample size to confidentally say there's a pattern there. I do know one thing and that is that this specific 25 BTC to GOLD ratio has been a level that has been respected well in the past. So if we'd see some rotation in the short term, it would be around this region. Time will tell.(Daan Crypto Trades)