Although Bitcoin (BTC) is expected to reach new all-time highs in 2025, the last few months have seen sharp declines. However, gold has experienced significant gains despite the declines in Bitcoin.
At this point, according to the data, Bitcoin has continued to underperform against gold (XAU) for more than six months.
However, this situation could open the door to a major rally for Bitcoin.
Popular cryptocurrency analyst Michael Van de Poppe stated that Bitcoin’s RSI against gold has fallen to 30 for only the fourth time in BTC’s history, indicating that BTC is significantly undervalued relative to gold.
According to the data, a downtrend for BTC began after the BTC/XAU price reached 37 ounces in August 2025. Since then, Bitcoin has lost value against gold for five consecutive months.
Now, BTC has fallen to a value equivalent to less than 20 ounces and is stuck in a descending channel formation.
However, the BTC/XAU pair has also reached an RSI low of 30 for the fourth time in history. All the data confirms that BTC is undervalued against gold.
At this point, analyst Poppe noted that the RSI indicator had reached 30, stating that this level of drop was only the fourth time in history. In the previous three instances, Bitcoin always bottomed out and experienced significant recoveries.
“This marks the fourth time in history that Bitcoin’s value against Gold has reached an RSI of 30.”
The last three times:
– The low point of the 2015 bear market.
– The low point of the 2018 bear market.
– The low point of the 2022 bear market.History shows that Bitcoin is currently undervalued compared to Gold. Buying would be a smart move.”
*This is not investment advice.