Relative to what, seems hard to gauge these things as there is never a fixed price or clear ratio of demand to supply.   You are talking about relative performance near term I guess:
 We fell from 13k to 7k for BTC which is big sure but fairly normal also I guess.
 Gold fell 1566 to 1469 so its considered still high.

I would never recommend just holding one asset type, hold a variety.  Continue to buy in whatever proportion you think best but I would argue against 100% of one particular thing.    All modern western countries used to have money based around gold, for long term reasons it helps support trade by providing a common platform of value.
   Like sand being washed away from beneath the ground you stand, every year the money is becoming greatly distant for any gold holding.   So do nothing and you are selling gold, not you personally but as a nation you are now distant from the economy your parents took part in.   Now you have economy of debt, political holdings based on promise and the hope the paper is good for a few years rather then centuries.   The only thing that might easily prove more volatile then BTC is politics imo.

Gold is not expensive is the point Im trying to make, it has to be considered in many different measures to try and sum up its worth.   If we measure in paper its going to keep looking expensive because the paper is endless in supply.   I'll post this link and hopefully its possible to get a better personal reckoning on relative value - https://pricedingold.com/