Interesting observations from the BTC/XAU chart.
In early November 2021 BTC/XAU topped at just under 1 BTC = 38 ounces AU. From there it went on a 14 month selloff down to ≈ 1 BTC = 9.25 ounces AU, where it finally bounced from those lows. A drawdown of just over 75% that lasted almost exactly 14 months.
In early December 2024 BTC/XAU topped at just over 1 BTC = 40 ounces. Since then it’s been almost exactly 14 months and BTC/XAU wicked down to slightly under 1 BTC = 13 ounces AU yesterday. That’s a drawdown of 68% over almost exactly 14 months.
Wonder if yesterday’s BTC/XAU low will hold as the cycle low. Would be pretty spooky if both BTC/XAU drawdowns lasted exactly 14 months.
BTC_P2P
npub1an…fze63
2026-02-06 17:58:43 UTC
Author Public Key
npub1an6xs9jt6apmw45rmvu8pnspewdp6juwcgp76fk72ruky4dmcadqwfze63Seen on
wss://relay.damus.ioPublished at
2026-02-06 17:58:43 UTCEvent JSON
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"content": "Interesting observations from the BTC/XAU chart. \n\nIn early November 2021 BTC/XAU topped at just under 1 BTC = 38 ounces AU. From there it went on a 14 month selloff down to ≈ 1 BTC = 9.25 ounces AU, where it finally bounced from those lows. A drawdown of just over 75% that lasted almost exactly 14 months. \n\nIn early December 2024 BTC/XAU topped at just over 1 BTC = 40 ounces. Since then it’s been almost exactly 14 months and BTC/XAU wicked down to slightly under 1 BTC = 13 ounces AU yesterday. That’s a drawdown of 68% over almost exactly 14 months. \n\nWonder if yesterday’s BTC/XAU low will hold as the cycle low. Would be pretty spooky if both BTC/XAU drawdowns lasted exactly 14 months. ",
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