I was somewhat cautious about Bitcoin's recent trend, but in the long term, the pairing relationship between BTC and gold should eventually undergo mean reversion.

From a technical perspective, the BTC/Gold pair has currently touched a position above the annual VWAP by 2 standard deviations. Historical data shows that whenever the price reaches this extreme level, it often triggers a noticeable reversal.

Of course, further market observation is needed, but from the current technical standpoint, the time window for Bitcoin to show strong performance should not be far off. Such extreme positions usually indicate that a reversal opportunity is brewing.