Comparing GOLD and BTC on technical grounds reveals an interesting challenge—one that hinges on asset supply mechanics and market microstructure.

Here's the core issue: when a new trading asset enters the market with constrained supply, the profit-taking process stretches out. Tighter supply doesn't automatically mean faster price discovery; instead, it often translates into thinner order books and reduced float availability.

Why does this matter? Illiquid assets create friction when traders try to unwind positions. You're not just fighting price action—you're fighting the clock. Position exits take longer in thin markets, which compounds slippage and extends the duration of capital flow. That's the fundamental difference separating GOLD's deep liquidity from BTC's emerging supply constraints.