Bitcoin has gained over 5% in the past week, reaching $113,500, as traders shift focus from gold to risk assets ahead of the Federal Reserve's October policy decision. Gold's eight-week winning streak ended with a more than 6% decline from its record high, influenced by profit-taking and improved US-China trade relations. Analysts highlight that the BTC/gold ratio has reached its most oversold level in nearly three years, suggesting potential Bitcoin outperformance as macroeconomic concerns diminish.