Bitcoin to Gold Ratio Plunges 30%: Bloomberg Analysts Signal Danger?

Jakarta, Pintu News – Bitcoin’s (BTC) to gold ratio has experienced a sharp decline, breaking the historical support line that has held for years. Mike McGlone, senior analyst at Bloomberg, warns that this is not just another technical move. According to him, the market is heading towards the 13x ratio zone-about 30% lower than the current level in the low 20s.

Sharp Decline Without Resistance

This decline was aggressive, with no sign of recovery or attempts to maintain previous levels. McGlone emphasizes that when this kind of ratio moves down on net, it signals that the market has made a firm decision. In times of heightened uncertainty, gold is again a magnet for investors seeking safety, while Bitcoin is starting to lose traction as a hedge asset.

Now, after a significant rally in recent months, Bitcoin is being positioned as a profit-taking asset-no longer a long-term investment destination. This reflects the change in market sentiment and perception towards BTC.

Also Read: 4 Bitcoin Indicators that Triggered the Market Rally Reappear!

Declining Technical Signals

Bloomberg also noted that an internal index used to measure whether Bitcoin’s price is driven by fundamental forces or by broader market conditions showed a decline. The volatility overlay in equity markets reflects a similar pattern.

These indicators combined paint an unfavorable narrative: risk appetite is waning, not just shifting. This could be a sign that investor confidence in Bitcoin as a hedge asset is weakening.

Impact on the Broader Market

McGlone reminds us that movements in the BTC/gold ratio are often early indicators of broader changes in financial markets. In many previous cases, a decline in this ratio was followed by a correction in major stock indices such as the S&P 500.

If this downward trend continues and the ratio hits the 13x zone, it’s not just the crypto market that risks being pressured-but also the global stock market as a whole could be dragged into a correction phase.

Conclusion

The sharp decline in Bitcoin’s ratio to gold deserves serious attention. It could signal the beginning of a major shift in market dynamics, not only in crypto, but also in global financial markets. Investors need to pay attention to these indicators and carefully manage their expectations and investment strategies.

Also Read: 5 Shocking Facts: This US Congressman Secretly Bought IDR 41 Billion in Bitcoin!

Follow us on Google News to get the latest information about crypto and blockchain technology. Check Bitcoin price today, Solana price today, Pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

FAQ

Q1: What is the Bitcoin to gold ratio?
A1: This ratio compares the value of Bitcoin to gold, and is often used to assess how much interest investors have in digital assets compared to safe haven assets like gold.

Q2: Who is Mike McGlone?
A2: Mike McGlone is a senior analyst from Bloomberg who is widely recognized for his views on the crypto market and global finance.

Q3: What does McGlone predict about the BTC to gold ratio?
A3: He predicts that the ratio could drop to the 13x zone-a drop of about 30% from current levels.

Q4: What will be the impact if the BTC/gold ratio continues to fall?
A4: A further decline could trigger a correction in the stock market, as reflected by historical trends.

Q5: Why is this ratio important for investors?
A5: The BTC/gold ratio reflects investors’ risk appetite and can be an indicator of major changes in the direction of financial markets.

Reference:
U.Today. Bitcoin on the Verge of 30% Collapse Against Gold, Warns Top Bloomberg Expert. Accessed on November 21, 2025.