Analysis: Bitcoin shows bullish divergence from gold trend, with increased institutional inflows suggesting 'opportunities hidden in risks' Odaily Planet Daily News: The ratio of Bitcoin to gold shows signs of bullish divergence. MN Capital founder Micha ë l van de Poppe pointed out that the daily RSI diverges from the price, indicating a weakening of selling pressure. In February of this year, the ratio fell back to the key support level of 12-13, which was resistance in 2017 and turned into support in 2022 and 2023, and may become a reference for the bottom of Bitcoin's long-term trend. At the same time, the Bitcoin ETF had a net inflow of approximately $906 million in the past month, while the gold ETF SPDR Gold Shares (GLD) experienced a single day outflow of $3 billion on March 6th, forming a significant divergence. Binance Research points out that the current macro volatility has created "opportunities within risks" for Bitcoin, with market volatility driven by the US Israel conflict with Iran, but capital is gradually flowing back into BTC. Although the trading volume of spot ETFs in the United States only accounts for about 9% of the total trading volume of Bitcoin, it is still lower than the level of 30-40% of ETFs in the US stock market, indicating that there is still ample room for institutional entry. Historical data shows that after geopolitical turmoil, both Bitcoin and the US stock market often experience strong rebounds.