## Bitcoin RSI on Gold Hits Critical Levels: What Do the Last 20 Years' Charts Reveal?

The Bitcoin-to-gold ratio continues to surprise market analysts. In recent sessions, the BTC/XAU value has reached significant lows, dropping to around 20 ounces of gold per bitcoin. Looking at gold charts from the past 20 years as a historical reference, this correlation highlights a technical anomaly worthy of attention.

**The RSI Indicator at a Turning Point**

The weekly RSI oscillator has reached approximately 29.5, decisively entering the oversold zone. This is a level not observed with such intensity in nearly three years. Historical studies suggest that when the BTC/XAU ratio shows such extreme RSI readings, the market is typically near important reversal points.

**Two Possible Interpretations of the Same Signal**

The analyst community is divided in interpreting this technical level. One school of thought believes that the oversold zone clearly indicates a relative undervaluation of Bitcoin compared to the safe-haven asset. From this perspective, the rebound would likely be a consequence of market cycles. The opposing view highlights the risks: breaking through this critical support could turn into a confirmation of weakness, pushing Bitcoin further downward.

The debate remains open until the chart provides clarity on the resistance of these levels.