Bitcoin News
By Sakamoto Nashi
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Copper-to-Gold Ratio: Bitcoin’s Macro Compass. In a detailed video analysis shared on November 10, Severino explained that the copper/gold ratio…
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The Missing Signal That Usually Sparks Bitcoin Rallies. Severino’s research shows that in past cycles, the copper/gold ratio began rising around Bitcoin’s…
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“We’re Just Meandering Sideways”. According to Severino, this missing macro impulse explains why Bitcoin’s price has stalled despite…
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Altcoins Left Without Their “Green Light”. The implications extend beyond Bitcoin. Historically, the copper/gold ratio’s risk-on phase aligns…
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Macro Still Says “Caution”. Severino stopped short of calling for an immediate downturn but emphasized that Bitcoin remains in…
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A widely followed macro signal that has historically predicted Bitcoin’s strongest bull markets appears to have failed for the first time, leaving analysts questioning whether…
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In a detailed video analysis shared on November 10, Severino explained that the copper/gold ratio functions as a “growth versus fear index,” where copper represents economic…
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“When gold is outperforming copper, it typically signals an economic slowdown and rising caution,” Severino noted.
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However, this time the expected shift never came. “They say the most dangerous phrase in investing is ‘this time is different.
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Severino’s research shows that in past cycles, the copper/gold ratio began rising around Bitcoin’s halving events, marking the start of a powerful macro tailwind that often…
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“I never really thought it was just the halving,” he explained. “The same halving dates that marked Bitcoin rallies also lined up with bull runs in the Nasdaq.
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But in this cycle, the ratio briefly made a higher high — its first since around 2010 — before collapsing to a new 15-year low, a level unseen since the Great Recession.
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According to Severino, this missing macro impulse explains why Bitcoin’s price has stalled despite briefly surpassing its 2021 all-time high.
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Timing-wise, the deviation is significant. In previous cycles, Bitcoin’s price typically peaked about a year after the copper/gold ratio’s bullish reversal.
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“Because we didn’t get the full risk-on signal, I don’t know where the risk-off signal is,” he admitted, highlighting the unusual uncertainty in this cycle’s macro structure.
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