The BTC to gold ratio has broken the 12-year support line, and analysts say that if it continues, it may signify the end of the 12-year bull market for BTC
ChainCatcher news, according to Cointelegraph, the Bitcoin to gold ratio has fallen below a rising support trend line that has lasted for 12 years. Popular analyst NorthStar stated that if Bitcoin stays below the gold trend line for even a week, or worse, a month, this breakdown could signify the end of Bitcoin's 12-year bull market.
It is reported that gold prices have surpassed the historical high of $3000 per ounce, rising approximately 12.80% year-to-date, while Bitcoin has decreased by 11% in 2025. According to data from the World Gold Council, U.S. spot gold ETFs have attracted over $6.48 billion in inflows this year, with global gold ETF inflows reaching $23.18 billion; in contrast, U.S. spot Bitcoin ETFs have seen a net outflow of about $1.46 billion.