I noticed something interesting while looking at the technical analysis of Bitcoin compared to gold. Van De Poppe, a highly followed analyst on X with over 800k followers, just shared a rather revealing observation about the RSI comparison between BTC and gold.

So here’s the situation: for only the fourth time in Bitcoin’s entire history, the RSI relative to gold has fallen below 30. And that’s clearly significant when looking at the three previous occurrences. The first in 2015 corresponded to the bottom of the bear market, the second in 2018 followed the same pattern, and the third in 2022 as well. Van De Poppe concludes that either Bitcoin is undervalued, or gold is overvalued compared to Bitcoin. His analysis leans clearly toward the second hypothesis.

What makes this observation even more interesting is the massive divergence from the 20-week moving average that Van De Poppe mentions. The analyst uses a key phrase: history doesn’t repeat itself exactly, but it rhymes. And data never lies.

There’s also a point Van De Poppe raises about the 4-year cycle theory. According to him, 2025 has already completely invalidated this narrative. The price volatility this year clearly changes the conversation around Bitcoin.

As I write this, BTC is at $68,220, down 4.65% over the past seven days. It’s interesting to see how these technical levels play out in real time. If Van De Poppe is right about this potential rotation between gold and Bitcoin, the coming weeks could be instructive for traders who follow these indicators more closely.