#密码资产动态追踪 Bitcoin and gold correlation has dropped to -0.18. What does this turning point signify? Historically, whenever the two shift from high correlation to divergence, $BTC typically initiates at least a 50% rally. The major bull markets in 2017 and 2021 both began with such divergence.

As a traditional safe-haven asset, gold's role is relatively fixed. However, Bitcoin has already broken through the label of "digital gold"—policy environment is improving, U.S. crypto regulation prospects are becoming more lenient; institutional involvement is unprecedented, even Saudi sovereign funds are building positions; capital flows are becoming more clear. These are not mere guesses but real market signals. From a technical perspective, the decentralized mechanism of blockchain and cryptographic barriers provide a competitive edge that traditional metal assets fundamentally cannot match.

Concerns about risks are also worth dissecting. The latest data shows that the 30-day volatility of $BTC has fallen below gold, reflecting increased market maturity. More importantly, 76% of circulating supply is locked by long-term holders, making the chip structure more stable than ever. From another angle, when correlation is high, many choose to wait and see; now, clear divergence signals have appeared—what are we waiting for?

The market rhythm indeed varies each cycle, but cyclical patterns are often surprisingly similar. If you miss this upward window triggered by negative correlation, the next similar opportunity might take years to come. The train’s acceleration is already perceptible.