Key Takeaways
- Brandt cites the XAU/BTC ratio breaking upward.
- Bitcoin trades 50% below its October 2025 peak.
- Gold holds near $4,174 after a 25% retrace.
- Saylor and on-chain data push the other way.
In a post on X, the 50-year trading veteran, known for traditional chart methods, extensive futures-market experience, and widely followed Bitcoin commentary, wrote he is “contemplating” selling some of his Bitcoin for gold, sharing a monthly XAU/BTC chart.
“Looks to me that Gold is going to gain substantially on Bitcoin,” Brandt added. His chart shows the gold-to-Bitcoin ratio at 0.067, curling up from the multi-year base it built after a decade of decline, with a projected path suggesting the ratio breaks out of its long falling channel.
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