2 min read
Bitcoin to PKR (BTC/PKR) has entered a critical phase as Bitcoin becomes the most undervalued asset against gold in history, reviving strong expectations of a major BTC price rebound in 2026. Market indicators that previously marked long-term Bitcoin bottoms are flashing again, suggesting a potential shift of capital from gold back into crypto markets.
Bitcoin’s valuation against gold, measured through the BTC/XAU Z-score, has dropped below -2 standard deviations for the first time ever. This rare signal shows Bitcoin trading far below its long-term average relative to gold, a condition that has historically preceded powerful BTC rallies.
According to analyst Julius, creator of the BTC Gold Power Law model,
“Everything points to Bitcoin massively outperforming gold over the coming months.”
At current levels, Bitcoin is trading near $95,000, while BTC to PKR remains highly sensitive to global risk sentiment and gold price movements.
This is not the first time Bitcoin has shown such deep undervaluation. In March 2020, a similar signal was followed by a 1,170% BTC rally within a year. Again in late 2022, Bitcoin surged nearly 150% after the BTC gold ratio entered extreme discount territory.
Interestingly, the same indicator has also warned of market tops. In late 2017, Bitcoin was overvalued while gold was oversold shortly before BTC entered a prolonged bear market and gold began a multi-year rally.
Historical cycles show that Bitcoin’s strongest bull runs usually follow gold rallies, not lead them. Once gold breaks above its long-term trend, Bitcoin typically lags by a few months to a year before entering a parabolic phase.
With gold recently posting record highs, analysts believe Bitcoin could be setting up for its next explosive move, potentially pushing BTC prices toward $200,000 to $300,000 by the end of 2026, if historical patterns repeat.
For Pakistani investors, BTC to PKR could see sharp upside if global momentum turns bullish. Any major BTC breakout against gold would likely translate into strong gains in PKR terms, especially amid currency volatility and rising interest in digital assets as a hedge.
Bitcoin’s record undervaluation versus gold is a rare and powerful signal. If history is any guide, this phase could mark the foundation of Bitcoin’s next major bull cycle, with 2026 shaping up as a pivotal year for BTC investors worldwide.
