The Gold-to-Bitcoin Rotation Narrative Gains Strength: A Data-Driven Review

Bitcoin is once again attempting to reclaim the $90,000 level, but price action remains capped below this key psychological threshold. Despite several short-lived relief rallies, momentum has failed to follow through, reinforcing growing concerns that the broader market structure is weakening. As volatility persists and upside attempts stall, an increasing number of analysts are beginning to openly discuss the possibility that Bitcoin may be transitioning into a bear market phase. Sentiment across derivatives and spot markets has turned noticeably more cautious, with risk appetite continuing to fade. Related Reading: Bitcoin Price Lags Network Utility: A Valuation Reset Is Underway In this context, a recent report by Darkfost draws attention to a familiar but controversial narrative: capital rotation from gold into Bitcoin. With gold setting a new all-time high above $4,420 per ounce, the idea that investors may soon shift capital toward Bitcoin is resurfacing across the market. Histor