[Analysis: BTC-to-gold price ratio breaks above the 50-week moving average, one Bitcoin equals approximately 18.55 ounces of gold] BlockBeats news, September 19, analyst Miller Cole stated that currently, one Bitcoin is valued at approximately 18.55 ounces of gold. Last month at this time, one Bitcoin was only worth about 15.3 ounces of gold. This ratio has once again surpassed the 50-week simple moving average, signaling a bullish trend. The analyst believes that in the coming years, the BTC/XAU price ratio will reach significant new highs. [Original link]