Peter Brandt Eyes Bitcoin-to-Gold Rotation as XAU/BTC Ratio Breaks Out Near 0.067

Veteran trader Peter Brandt signaled on July 5 that he is considering selling part of his Bitcoin holdings to rotate into gold, citing a technical breakout in the XAU/BTC ratio. The move follows Bitcoin’s decline to around $62,658, roughly 50% below its October 2025 peak, while gold holds near $4,175 after pulling back from above $5,600. Brandt highlighted the monthly XAU/BTC chart curling higher from a multi-year base near 0.067 and reiterated his cautious Bitcoin outlook, expecting no tradable low until October. The commentary has sparked debate among traders about relative-value flows between the two assets.