A long-term BTC/GOLD chart shared by trader @trading_axe also points to continued Bitcoin weakness relative to gold before a possible reversal later in the year. The next important area is the horizontal support near 251 million. Conversely, a decisive loss of 251 million would weaken the proposed bottoming scenario and leave the lower range exposed. Holding the 251 million chart level and eventually reclaiming 310 million would improve the setup; a recovery toward 430 million would provide substantially stronger confirmation. Until then, the Gold vs. Bitcoin contest remains tilted toward gold — and the coming U.S. inflation data on Aug. 12 the next major test for both assets.