According to Cointelegraph, Bitcoin (BTC) has reached a significant juncture against gold, as it tests a crucial support level. The cryptocurrency's value has dropped to 20 ounces of gold, a level not seen since early 2024. This development marks a critical point between bullish and bearish market conditions, as noted by analysts. Crypto trader and analyst Michaël van de Poppe recently shared insights suggesting potential upward movement for Bitcoin. Despite Bitcoin's struggles in gold terms, with the precious metal maintaining near-record highs amid a fourth-quarter crypto market correction, Van de Poppe sees opportunity. He highlighted that historically, when Bitcoin and gold hit their lows simultaneously, it signaled a market shift. Van de Poppe believes gold is currently overvalued, while Bitcoin is undervalued, indicating a potential bullish divergence at this support level. Historical data shows that during each Bitcoin bear cycle, the weekly relative strength index (RSI) dropping below 30 has marked a long-term bottom for the BTC/XAU pair. Van de Poppe noted that the daily RSI is beginning to show a bullish divergence, suggesting short-term upside potential. However, the weekly RSI remains low at 29.5, levels not seen in nearly three years. Wealthmanager, a trading and commentary account, emphasized the importance of the 20-ounce support level, noting that Bitcoin's last bear market began when this support was lost. They anticipate a period of consolidation at this level, with a potential break in the coming weeks. Meanwhile, crypto trader Ted Pillows observed the loss of a three-year uptrend for Bitcoin against gold, marking a challenging end to 2025 for the cryptocurrency. This article does not provide investment advice or recommendations. All investment and trading decisions involve risk, and readers should conduct their own research. Cointelegraph aims to deliver accurate and timely information but does not guarantee the accuracy or completeness of the information provided. Forward-looking statements in this article are subject to risks and uncertainties, and Cointelegraph is not liable for any loss or damage arising from reliance on this information.

Wall Street is making its expectations for Greg Abel clear as he gets ready to take over Berkshire Hathaway from Warren Buffett in less than two weeks from now. The leadership change has already moved the stock, with Berkshire’s B shares dropping 15% after Warren announced at the May annual meeting that he would leave […] source: https://www.cryptopolitan.com/greg-abel-shouldnt-try-to-be-warren/

Bitcoin reached significant multiyear support versus gold as commentary diverged over a breakdown and the start of a new bear market. source: https://cointelegraph.com/news/bitcoin-rsi-three-year-lows-vs-gold-analyst-bullish-comeback?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

null source: https://x.com/decryptmedia/status/2002424163932226007

President Trump is leading the crypto charge in Washington, but the industry could face backlash once he leaves office, Etherealize co-founder Danny Ryan told Decrypt. source: https://decrypt.co/353136/crypto-industry-must-make-progress-before-trump-leaves-office-etherealize

null source: https://x.com/cointelegraph/status/2002423891902210204

Bitcoin’s maturing market faces uncertainty, yet analysts project a bold $250K price target for 2026. source: https://ambcrypto.com/bitcoin-assessing-why-btc-lth-selling-fears-may-be-overblown/

MicroStrategy risks exclusion from MSCI indices, potentially losing $9 billion in stock demand due to its significant Bitcoin holdings. source: https://coincu.com/news/microstrategy-msci-index-exclusion/

Coinbase has released its predictions for the coming year in its 2026 Crypto Market Outlook report, and the projections are not at over-the-top levels of optimism like other stakeholders. Coinbase’s report likens the current market environment to the mid-1990s technology boom rather than the speculative frenzy of 1999. Other industry actors like Bitwise have predicted […] source: https://www.cryptopolitan.com/coinbase-cautious-optimism-for-crypto-2026/

Bitcoin’s recent price action has been marked by sharp swings and growing uncertainty, leaving market sentiment increasingly fragile. However, on-chain data suggests that beneath the surface volatility, a very different dynamic is unfolding. source: https://www.ethnews.com/bitcoin-sharks-continue-accumulation-despite-market-volatility/

Arthur Hayes: Once the market realizes that Reserve Management Purchases (RMP) are essentially the same as Quantitative Easing (QE), BTC will quickly rebound to $124,000 and rapidly challenge $200,000.

Crypto Market Trends, Market Conditions, Abandon Illusions – Prepare for the Most Arduous Moment in the Crypto Market. Golden Finance wishes you good luck.

On November 28, 2025, the People's Bank of China, together with thirteen other departments including the Ministry of Public Security, the Supreme People's Court, and the Supreme People's Procuratorate, convened a meeting of the "Coordination Mechanism for Combating Virtual Currency Trading and Speculation".

On October 27, 2025, Pan Gongsheng, Governor of the People's Bank of China, reiterated at the Financial Street Forum that the policies on preventing and dealing with the risks of virtual currency trading speculation since 2017 have remained effective.

Policy, Cryptocurrency, Bhutan Makes a Big Bets on Bitcoin to Build a Future Economic Hub (Golden Finance): Selling Cryptocurrencies Is Not as Good as Building a City; Bhutan Initiates a Hardcore Transformation.

Crypto Market, Cryptocurrency, 7 Must-Know Crypto Trends and Lessons for 2026 (Golden Finance): Persist, find your strengths, and you will be rewarded.

TradFi, Cryptocurrency, 2026 Crypto Revolution: Making Money is worse than Telling Stories (Golden Finance), Say Goodbye to False Narratives, Cash Flow is King

In this world, the starlight at the treetop is not the size of the model, but the influence of the client.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.