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🟦 BTC/GOLD approaching macro floor.
BTC priced in gold has been in a relative bear market since Dec 2024.
Every prior BTC/GOLD bear regime:
• Lasted ~395–400 days
• Saw −85% to −75% relative drawdowns (2017,2021)
• Resolved with a structural expansion phase
This cycle, simple regression + volatility decay imply a terminal zone around −60% to −65%.
We’re now fully inside that historical compression zone.
Not hopium - just facts.
This is where relative bottoms have formed and where the next regime begins.
Ignore my analysis at your own risk. #bitcoin #gold