Bitcoin Vs Gold: Which Asset Will Explode in 2026?

Jakarta, Pintu News – February 2026 shows mixed signals regarding the Bitcoin (BTC) vs gold narrative, amid the ongoing debate over whichhard asset is entering its next stage of expansion.

While gold has surged to new highs above $5,100, Bitcoin has failed to rise beyond the $67,000 area, continuing its consolidation that has now lasted for almost a month.

Meanwhile, one prominent crypto analyst stated that the Bitcoin vs gold debate should always be based on thetrue relative strength between the two rare commodities.

BTC vs Gold Ratio Indicates the End Phase of the Bear Market

Market analyst, Michael van de Poppe, shared that Bitcoin has been declining in value against gold over the past 14 months or so. He further stated that Bitcoin reached its highest level relative to gold in December 2024.

Read also: Bitcoin Price Plunges to $64,000 Today: Analysts Say BTC is in Stage 4 of Bear Market!

The previous BTC vs gold bear market periods spanned 2013-2015, 2017-2019, and 2021-2022. The current downturn has a similar duration, where in each of the previous periods, the digital asset has always bounced back towards a multi-yearuptrend.

The weekly RSI indicator on the BTC vs gold chart has also touched a record low, which in the past has signaled the lowest ofmacro bottoms. According to the analyst, the current structure suggests that the price of BTC is nearing the end of a relative downtrend.

This makes BTC’sall-time high in USD terms in October 2025 a bit “misleading”. The rise is perceived more as a result of the concurrent strengthening of gold, rather than showing independence of BTC’s movement.

Bitcoin and Gold Sentiment Change

A similar change in sentiment can also be observed in Polymarket data, where there is a 29% probability that Bitcoin is much more likely tooutperform gold by 2026.

Despite its current underperformance, BTC price movements that are held within a certain range for several weeks are often followed by huge directional price movements.

Traditionally, when gold performs better than BTC and the Bitcoin vs gold RSI hits its lowest level, it is usually followed by a drastic spike in the price of the most popular cryptocurrency. The latest sentiment shift in the Bitcoin vs gold debate has just occurred; BlackRock’s Bitcoin ETF options (IBIT) surged to become the ninth largest on the American market, surpassing gold ETFs.

Trading volume on IBIT options rose higher compared to the VanEck Gold Miners ETF and SPDR Gold Shares. In addition, a JPMorgan analyst argued that Bitcoin is more attractive in the long run compared to gold.

Which Asset Will Surge Next?

Gold has gained momentum and has good macro flows andtechnical continuation. However, the BTC vs Gold ratio implies that Bitcoin price is on the verge of a historicalinflection area.

Read also: Gold Price Prediction 2026: How High Can Gold Go?

This zone is associated with reduceddownside momentum. Therefore, aninversion of this ratio would most likely trigger a higher percentage change in the price of Bitcoin compared to gold.

Meanwhile, analyst Willy Woo argues that the well-established 12-year trend of Bitcoin’s performance against gold has been broken. He also stated that quantumfears as well as old coins disappearing and re-entering circulation could put downward pressure on Bitcoin’s price.

Woo also linked the Bitcoin vs gold interaction to macro demand. He added that the next 10 years might be characterized by adebt strain cycle. This will encourage investors to become more interested in assets like gold.

Gold-Based Crypto: When Physical Assets Meet Crypto Technology

As blockchain technology develops, gold can now be owned not only in physical form such as jewelry or bars, but also in digital form through gold-based crypto assets.

One of the most popular is Pax Gold (PAXG), a gold-backed crypto asset launched by developer Paxos Standard (PAX) in September 2019. In the form of an ERC-20 token running on the Ethereum (ETH) blockchain, PAXG can be traded on various exchanges and is a more accessible alternative for traders to start investing in gold.

The main objective of PAXG is to increase the ease of trading gold, given that physical gold is cumbersome to divide into small units and lacks flexibility in terms of storage and delivery.

Crypto Gold Investment

Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price through Pintu Market.

Enjoy an easy and secure crypto trading and crypto gold investment experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various 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 and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Bitcoin vs Gold Feb 2026: Which Asset Could Spike Next? Accessed on February 23, 2026