[Analysis: Bitcoin Relative to Gold RSI Drops to Nearly Three-Year Low, Seen as Bull-Bear Boundary] According to Golden Finance, the price of Bitcoin against gold (BTC/XAU) has dropped to approximately 20 ounces of gold, the lowest level since early 2024. Meanwhile, the weekly RSI indicator for this ratio has fallen to around 29.5 (oversold zone), nearing a three-year low. Data shows that this RSI oversold zone has historically often appeared near bear market bottoms. Some analysts believe this could indicate that Bitcoin is undervalued and has potential for a rebound in the future. However, other opinions suggest that if this critical support level is lost, it may signal a weakening trend.