Key points

• The 90-day correlation between Bitcoin and gold hit a six-year high, per Bitcoin Magazine.
• Bitcoin is roughly 3% away from flipping positive against gold for 2026.
• The BTC/gold ratio has printed a string of higher lows since February.
• The ratio set a new high above 17.9 ounces of gold.
• The 2026 yearly open sits at 20.3 ounces, with 21.5 ounces (about $92,000) cited as next resistance.

Bitcoin Magazine reports that the 90-day correlation between Bitcoin and gold has climbed to a six-year high. In its Chart of the Day segment, the outlet says Bitcoin is now only about 3% away from flipping positive against gold for 2026. The video walks through the Bitcoin-to-gold ratio and the levels its presenter, Sean, is watching.

The segment opens by explaining why measuring Bitcoin in gold matters. According to Bitcoin Magazine, pricing BTC this way strips out dollar debasement, giving a cleaner read on the asset's own performance rather than the effect of a weakening currency. That framing sets up the ratio chart that carries the rest of the analysis.

On that chart, the outlet points to a run of higher lows since February, alongside higher highs. Bitcoin Magazine describes the pattern as a bullish setup for Bitcoin, with the ratio moving from 12.1 ounces of gold up to 17.9 ounces. The move above 17.9 ounces is presented as a new high for the ratio.

Correlation reaches six-year high

The video then turns to the levels that matter for the rest of the year. Bitcoin Magazine cites the 2026 yearly open at 20.3 ounces of gold as a key marker, and identifies 21.5 ounces, equivalent to roughly $92,000, as the next area of resistance for Bitcoin. The presenter frames these thresholds as the ones to watch on the ratio.

The report is technical in nature and is drawn from chart reading rather than company or regulatory news. Bitcoin Magazine notes the correlation figure covers a 90-day window, which is why the six-year high is treated as a notable shift in how the two assets have been trading together.

Bitcoin Magazine carries a disclaimer with the segment, stating that the views expressed belong to the participants and do not necessarily reflect the position of BTC Inc. or Bitcoin Magazine. It adds that the content is for informational and educational purposes only and is not investment, legal, tax or accounting advice.

Ratio shows higher lows

For readers, the takeaway is the relationship between the two assets rather than a price call. Bitcoin Magazine's point is that Bitcoin is close to turning positive against gold for the year, and that the ratio's higher lows since February and its new high above 17.9 ounces are the evidence behind that view.

Read the full article on Bitcoin Magazine →