Bitcoin Surpasses Gold as Risk-On Rally Fuels Market Optimism

In a display of bullish momentum driven by easing U.S.-China trade tensions, Bitcoin has surpassed gold as investors seek higher risk assets. Recent technical analysis indicates a trend shift in favor of Bitcoin, with the BTC-to-Gold ratio breaking out of an inverse head-and-shoulders pattern, signaling further upside for the cryptocurrency. The ratio is currently exceeding 32.00, targeting a potential break above 35.00 based on historical patterns.