Bitcoin Magazine said in a technical analysis that the 90-day correlation between Bitcoin and gold has hit a six-year high, and that Bitcoin is now just 3% away from flipping positive against gold for 2026.
Key levels on the Bitcoin-gold chart
In the latest Chart of the Day segment, Sean broke down the Bitcoin-to-gold chart, pointing to a series of higher lows that has formed since February and a new high above 17.9 ounces.
The chapter outline for the video said the analysis opened with the six-year high in the Bitcoin-gold 90-day correlation, then moved to why Bitcoin should be measured in gold, describing that framework as a way to strip out dollar debasement.
Move from 12.1 ounces to 17.9 ounces
The chapter list also highlighted a move from 12.1 ounces to 17.9 ounces on the BTC/gold chart and described the setup as bullish. Another level identified in the segment was the 2026 yearly open at 20.3 ounces, which was presented as one of the key thresholds to watch.
Next resistance sits at 21.5 ounces of gold
According to the analysis, the next resistance level is 21.5 ounces of gold, or about $92K.
Bitcoin Magazine attached a disclaimer stating that the views and opinions expressed in the show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. It added that the material is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. The disclaimer also said nothing in the show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments, and that viewers should consult their own advisers before making financial or business decisions.
The post first appeared on Bitcoin Magazine and was written by Patrick Green.