Bitcoin (BTC) Price: CZ Predicts Crypto Will Surpass Gold’s $30 Trillion Market Cap
TLDR
Binance founder CZ predicts Bitcoin will eventually surpass gold’s $30 trillion market value
Bitcoin currently trades above $110,000 with a market cap around $2.2 trillion while gold sits at $30 trillion
Billionaire investor Anthony Scaramucci forecasts BTC could reach $1.5 million through institutional adoption
Peter Schiff argues gold remains a superior and more stable hedge compared to Bitcoin
Bitcoin price is attempting recovery above $108,000 after testing $111,800
Binance founder Changpeng Zhao has made a prediction that Bitcoin will eventually overtake gold’s market value. The statement has sparked debate across the crypto community.
CZ posted on X stating that Bitcoin will flip gold. He did not provide a specific timeline. The post quickly gained attention from investors and analysts.
Prediction: Bitcoin will flip gold.
I don’t know exactly when. Might take some time, but it will happen. Save the tweet. pic.twitter.com/bR4Bq0JeVE
— CZ 🔶 BNB (@cz_binance) October 20, 2025
Gold currently holds a market capitalization near $30 trillion. Bitcoin ranks eighth globally with a valuation around $2.2 trillion. BTC price is currently trading above $110,000.
The crypto community responded with mixed reactions. Analyst CryptoGao stated that Bitcoin will catch up and surpass gold within months. He pointed to CZ’s track record of accurate forecasts.
Market analyst Ben Todar supported the claim. He described Bitcoin as harder, faster, and borderless. Todar called it a superior form of money for the digital world.
Some analysts suggested selling gold to buy Bitcoin. They believe market indicators signal a potential bottom for digital assets. Todar compared gold to a symbol of the physical age while calling Bitcoin its internet-age successor.
Scaramucci Projects $1.5 Million BTC Price
Billionaire investor Anthony Scaramucci shared similar views during a CNBC interview. He predicted Bitcoin could reach $1.5 million. Scaramucci called this achievement “gold parity.”
He pointed to institutional adoption as a driving factor. BlackRock’s BTC ETF has helped accelerate this trend. Scaramucci compared the current environment to the early 2000s tech boom.
The investor stated that younger generations prefer Bitcoin over traditional hedges. Older investors still favor gold. However, he believes the next wave of wealth will move toward digital assets.
Scaramucci described Bitcoin as resilient. He said market downturns will not erase its long-term potential. Recent moves by major firms support increased institutional exposure.
Price Recovery and Technical Outlook
Bitcoin price started a recovery wave above $108,000. The cryptocurrency was able to surpass the $107,500 and $108,500 resistance levels. Bulls pushed the price above $110,500.
Source: TradingView
The price tested $111,800 before trimming gains. Bitcoin is now trading above $109,000 and the 100 hourly Simple moving average. A bullish trend line shows support at $108,800.
Immediate resistance sits near the $110,500 level. The first key resistance is near $111,200. The next resistance could be $111,500.
If Bitcoin rises above $111,500, the price could test $112,500. Further gains might send the price toward $113,200. The next barrier for bulls could be $115,000.
If Bitcoin fails to rise above $110,000, a fresh decline could start. Immediate support is near $108,800 and the trend line. The first major support is near $108,000.
Peter Schiff offered a contrasting view. The gold supporter stated that gold is the biggest threat to Bitcoin. He argued that the crypto industry attacks gold because it threatens Bitcoin’s narrative as digital gold.
Schiff said gold’s renewed strength leaves no reason for anyone to buy Bitcoin instead. He framed the metal as the more stable hedge. The debate between Bitcoin and gold supporters continues.
Bitcoin is currently trading above $109,000 with support at $108,800 and resistance at $110,500.
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Filed under: News - @ October 21, 2025 6:28 am