Bitcoin's Outperformance Era May Be Coming to an End

Silver's price has surged this month, rising from below $60 per ounce to over $66.

The metal is currently trading around $64 and has been on a tear, breaking out of its multi-month consolidation and testing key resistance levels.

One analyst, Northstar, warns that Bitcoin's outperformance era may be coming to an end. He points to the silver/BTC ratio chart, which shows a long-term trend favoring Bitcoin but with a recent reversal.

The chart author notes that since 2017, Bitcoin has not consistently outperformed silver. The current setup is significant due to the convergence of multiple technical barriers around 2026.