[Bitcoin-to-Gold Ratio Hits Historic Low, Current Buying Opportunity May Be Better Than 2017] Odaily Planet Daily reports that data shows the price of Bitcoin relative to gold has fallen to a historic low. This indicator has appeared multiple times near the cyclical bottoms of the Bitcoin market in the past, suggesting that Bitcoin is in a significantly weaker position relative to gold. However, some analysts also view the current market environment as a potential setup opportunity superior to the pre-bull market period of 2015-2017. Market analysis indicates that long-term holders are absorbing recent selling pressure. As capital rotates between safe-haven assets and risk assets, some traders anticipate a potential capital flow from gold to Bitcoin starting in February. However, others caution that such capital rotation is not guaranteed, and macroeconomic conditions and changes in market risk appetite still need to be observed. (Cointelegraph)