{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The DeFi Report","title":"Why is Bitcoin Underperforming Gold?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/000015e9\"></iframe>","width":"100%","height":180,"duration":2132,"description":"In this episode of The DeFi Report, Mike and Ryan break down why Bitcoin is underperforming gold, what the BTC/Gold ratio is signaling about the next bottom, and why this setup may be more bullish than it looks. They unpack China’s role in driving the gold trade, why Bitcoin still behaves like a risk-on asset, and how investor “envy” distorts cycle perception. Mike lays out realistic downside scenarios, key support levels to watch, and the onchain signals he needs to see before deploying capital.\n----\n📣THE DEFI REPORT | FOLLOW & SUBSCRIBE\nhttps://www.youtube.com/@thedefireport\nhttps://thedefireport.io/\nhttps://x.com/the_defi_report\nhttps://x.com/JustDeauIt\n\n----\nTIMESTAMPS\n\n0:00 Intro\n2:08 Bitcoin vs. Gold Ratio Analysis\n8:19 Understanding Gold's Outperformance\n13:12 China's Impact on Gold Demand\n14:27 Bitcoin's Future as a Reserve Asset\n16:27 Potential Bottom for Bitcoin Ratio\n20:25 Market Sentiment & Investor Behavior\n26:35 Onchain Metrics and Market Conditions\n33:41 The Future of Real World Assets in Crypto\n34:59 Closing & Disclaimers\n\n----\nNot financial or tax advice. For educational purposes only.","thumbnail_url":"https://img.transistorcdn.com/lP4Yevy9NR9RPfTijbL4-ksbx-kOKq7JnYtbwM20Nzo/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9jNDZl/ZjZjNDNiZmU5NDE5/YTg1MjBkMmQwMGZl/MmZjYy5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}