BTC / GOLD ratio is breaking down

Seven consecutive red monthly candles

RSI collapsing toward the low 30s

Momentum shifting decisively in gold’s favor.

This is historic relative weakness

We’re now sitting near a key horizontal support zone around 12–13.

If that level fails on a monthly close, the next major support sits near the 8–10 range meaning further underperformance versus gold

For Bitcoin to reclaim strength, we need:

• A strong bullish monthly close

• RSI reclaiming 50+

• A higher low on the ratio

Until then, gold is winning the macro battle.