He believes Bitcoin could capture half of gold’s total market capitalization after the next halving cycle in 2028, valuing BTC at roughly $640,000 per coin.

Bitcoin as the “Digital Successor” to Gold

Sigel argues that younger generations now see Bitcoin as a superior version of gold – portable, verifiable, and finite. While gold’s worth is partly tied to jewelry and industrial demand, most of its value comes from its role as a safe haven. Bitcoin, he says, is beginning to claim that same function, especially in inflation-heavy economies.

“At current prices, reaching half of gold’s value would place Bitcoin near $644,000,” Sigel said, adding that scarcity and digital accessibility make it a powerful alternative to traditional stores of wealth.

The forecast comes as Bitcoin trades above $123,000, just shy of its recent record of $126,000. Analysts expect more upside as ETF inflows and corporate adoption grow. Coin Bureau’s Nic Puckrin believes BTC could hit $150,000 by year-end, calling short-term dips “healthy corrections” within a broader bull cycle.

Gold and Bitcoin Both Surge Amid Dollar Weakness

Gold has also soared past $3,975 per ounce, nearing the $4,000 mark for the first time. Economists like Peter Schiff, however, warn that the metal’s strength signals trouble for the Federal Reserve’s monetary policy. Schiff also claims Bitcoin’s rally remains a “bear market rebound” when compared to gold’s performance.

Even so, both assets appear to be benefiting from the same underlying force – a weakening U.S. dollar and rising global demand for alternatives to fiat currency. As the financial system evolves, VanEck’s prediction suggests Bitcoin may soon stand alongside, or even above, the world’s oldest store of value.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Mega Bullish Bitcoin Price Prediction: VanEck Sees BTC Dominating Global Stores of Value appeared first on Coindoo.

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Filed under: Bitcoin - @ October 8, 2025 12:03 am