Looking at the Gold oz to Bitcoin ratio, we're back at May 2021 levels, around 20 oz for 1 BTC. ATH is 35 oz per Bitcoin.
If we get back to those levels, we're sitting at $151 000.
Discussion
Maybe the most accurate way to track Bitcoin price, until it will be the otherway around.
I feel the same way i've been tracking it in a google sheet for some time now and If I see it break below 20 i'm always snapping up cheap sats! Fiat especially my local fiat is just too much noise