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Bitcoin RSI Against Gold Drops Below 30 for Fourth Time in History

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Bitcoin RSI Against Gold Drops Below 30 for Fourth Time in History

The Bitcoin RSI against gold has dropped below the 30 mark for only the fourth time in history, suggesting that BTC may be oversold compared to XAU. This structure recently played out amid the divergence in performance between Bitcoin (BTC), the leading cryptocurrency, and gold (XAU), the leading precious metal.

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