Bitcoin VS Gold: Trump's Encryption Strategy Reshapes XAUUSD and BTC Market Outlook

Trump Media has reached a partnership with mainstream CEX, announcing the adoption of a cryptocurrency treasury strategy and increasing its holdings of CRO. This move further drives institutional interest in allocating funds to Bitcoin. Market sentiment has turned positive, and the ratio of Bitcoin to gold is showing a bullish technical pattern, likely to break through the rising triangle resistance. At the same time, gold and Bitcoin are each forming a strong consolidation structure at key support levels, with a mid-term breakout potential building up.

[Trump media imitates Strategy, institutional crypto strategies boost the market]

Trump Media collaborates with mainstream CEX to promote the Crypto Assets treasury strategy, planning to focus on allocating CRO. This move continues the successful path of Strategy enhancing market value through Bitcoin asset allocation, reflecting that corporate funds are systematically shifting towards Crypto Assets. With the support of Trump-related business and political forces, institutional recognition and willingness to allocate Bitcoin have further increased, significantly boosting market sentiment and expectations for capital inflows.

The Bitcoin to gold ratio shows a strong technical pattern, indicating that BTC will outperform.

The long-term monthly chart of the Bitcoin/Gold ratio shows that the price is oscillating within an ascending triangle and is gradually approaching the upper edge of the pattern. If this ratio breaks through the critical level of 40, it could trigger a significant rise in Bitcoin. Although Bitcoin has higher volatility, this technical structure indicates that its recent performance continues to outperform gold.

From the gold/Bitcoin ratio perspective, the price has been operating within a descending channel. Whenever the ratio reaches the upper resistance of the channel, it usually indicates that Bitcoin has reached a temporary bottom and gold is starting to strengthen. Currently, this ratio is at a critical level around 0.026. Although there was a rebound in August due to the strengthening of gold prices and the correction of Bitcoin, it is still overall hindered by the upper track of the channel. The probability of continued downward movement in the future is relatively high, indicating that Bitcoin will still maintain relative strength.

[Bitcoin technical structure is overall bullish, with $110,000 as the key support.]

Despite Bitcoin's pullback from its historical high and the formation of a bearish hammer at high levels, the medium-term technical structure remains positive. Previously, Bitcoin completed a head-and-shoulders breakout near the 110,000 USD level, which has now become an important support level. On the daily chart, a bullish hammer was formed near the 110,000 USD level, signaling a rebound. If the price stabilizes and rises from this area, the next target level can be seen at 140,000 USD.

[Gold forming a rising triangle, breaking through $3500 could initiate a new rise]

(Source: TradingView)

The weekly chart for spot gold shows that the price has been continuously operating in an ascending channel over the past two years, with the lower track of the channel becoming an effective buying area during market corrections. The 3150–3250 USD range is the current key support zone, and any pullback to this level can be seen as a layout opportunity.

At the same time, gold is forming an ascending triangle structure within the channel, with prices gradually converging towards the end of the formation. If it effectively breaks through the $3450–3500 area, it will confirm the start of a new upward trend. Looking at the overall picture, gold has strong long-term support at $3000, while breaking through $3500 may open up new upward space.

[Conclusion: Institutional Layout and Technical Aspects are Positive, Dual Market Resonance to Rise is Expected]

Trump's media and other institutional funds entering the market further strengthen the asset allocation logic of Bitcoin, while the breakthrough pattern of Bitcoin's ratio to gold also supports Bitcoin's continued leadership in commodities. In the short term, Bitcoin needs to maintain the support level of 110,000 USD, while gold needs to break through 3,500 USD to confirm the resumption of its upward trend. Investors can pay attention to the confirmation signals of the technical structures of these two asset classes to seize trend opportunities under the dual main lines of institutionalization and monetary policy easing.