Let's look into how the relationship between Gold and Bitcoin?
1. A comparison between the gold and bitcoin chart after Covid 2020... and also 2017 We note that gold when it went up and then went down, we see that the bitcoin started to rise strongly after the gold went down and we see the inverse relationship between them, and also when it started to go down again, the bitcoin continued to rise after the correction of the month of 2 when the gold rebounded and tried to rise
And here 2017:
Updated prices here we see Gold continue down-trend while Bitcoin tries to break its trend to upside:
October