CandleFocus Bitcoin Aims to Match Gold’s Value
2024-11-10
Author: Content Editor
Prominent cryptocurrency figure Tuur Demeester predicts that Bitcoin could challenge gold as a reliable store of value, with its market cap aligning with that of gold by the end of the current market cycle. Demeester believes Bitcoin's target price could be as high as $300,000, attracting a significant number of investors. Well-respected commodity trader Peter Brandt also suggests a potential breakthrough in the BTC-gold ratio, with Bitcoin reaching up to $850,000. The competition between Bitcoin and gold is seen as crucial for Bitcoin's acceptance as a genuine store of value, attracting growing investor interest.
Related News
Watch Out: A Huge Number of Altcoins Will Have Massive Token Unlocks in the New Week – Here’s a Day-by-Day, Hour-by-Hour List Bitcoin’s move to $80,000 could trigger a rally in ETH, SOL, SUI, and AAVE Ethereum Breaking $3,100 Is ‘Just The Beginning’ In Quest To $10K: Analyst Trump Wins, Bitcoin Surged: What's Next? Stacks founder Muneeb Ali eyes early December for sBTC upgrade launch Near Protocol Launches Ambitious AI Project EU Mandates Digital Product Passport by 2027—VeChain Toolchain Leads the Charge in Supply Chain Transparency Bitcoin Surges to New ATH Amidst $425M Binance Outflows Watch Out: There Are Many Economic Developments and Altcoin Events in the New Week – Cryptocurrency Traders Should Follow This Calendar Cronos (CRO) Eyes $0.88: Could a 540% Upside Be on the Horizon? 3 Cryptocurrencies That Reached All-Time Highs Today — November 10 While Cryptocurrencies Experience a Great Rally, Thefts are on the Rise: Security Company Founder Reveals the Technique He Says You Must Apply Arthur Hayes Wallet Makes Significant ETH Accumulation Worth $3.3 Million Immutable’s Game-Changing 2024: Leading Blockchain and Decentralized Gaming Innovation AI predicts Cardano price for 2025 amid Hoskinson-Trump rumors Elon Musk reposts call to end the Federal Reserve Bank Hamster Kombat pumps 37% in 24 hours as they hint at season 2 airdrop What Uniswap (UNI) Needs To Kickstart Potential Breakout Ethereum Price Walk to ATH Begins as ETH Whales Resume Buying From $28K to $150K: Bitcoin's Wild Year-End Price Predictions Flood Social Media ETH, SHIB, SUI: Top cryptocurrencies to watch this week Avalanche Nears Breakout – Top Analyst Sets $420 Target For AVAX This Cycle MicroStrategy's Saylor Reacts to Bitcoin Skyrocketing Above $80K How Bitcoin reserves of the largest exchanges changed since the FTX collapse Unknown nation joins top 5 BTC holders, Bitcoin Magazine CEO David Bailey to reveal 2024 Altcoin Cycle Poised to Repeat Historic Gains, Analysts Suggest Why Analysts Are Targeting a $3 Trillion Market Cap for Crypto by Year-End Ripple and XRP’s Future at Stake: 11 Key Events That Could Make a Difference Shiba Inu Skyrockets 42%, Breaks Five-Month High; Analysts Project $0.0000884 All-Time High Next Charles Hoskinson shares new plans to ‘help foster' US crypto policies As Bitcoin hits $80,000, Standard Chartered calls new Solana peak 'inevitable' by year's end Snowden calls for decentralization, criticizes VC influence on Solana 3 Token Unlocks to Watch Next Week 10 Months With Tether: USDT Supply Swells to $123 Billion, Leaving Rivals in the Shadows 145% growth for Filecoin? 2 factors supporting FIL’s upside How much would $1,000 in Bitcoin from the 2020 COVID-19 crash be worth today Solana Joins $100B Club, Hitting Nearly a Three-Year High Above $210 We asked this AI to build a crypto portfolio for the altseason bull market Binance Coin (BNB) Price Prediction for November 10 Shiba Inu to Erase Zero? SHIB Hits Critical Level Amid 70% Rise Analyst Predicts 300% Surge For Shiba Inu Price Amid Hidden Bullish Divergence Biggest Altcoin Gainers of the First Week of November 2024 Rekt Drinks Sellout Shows How Brands Can Leverage Crypto to Launch Products Is Bitcoin's $100,000 target becoming realistic amid strong bullish catalysts Top Analyst Says XRP Price Will Flip Ethereum Price, Here's Why Historical Data Hints XRP May Soar 700% to 60,000% Following U.S. Presidential Elections Dogecoin Rises 62% This Week—2020 Pattern Suggest DOGE Could Rocket Even Higher: Godbole Unpaid royalties are killing artists’ earnings - could blockchain be the ultimate fix? Tellor Price Tumbles As Whales Offload On Exchanges Here’s Why Cardano Price Is Far From Overbought After 96% Weekly Surge Ethereum Breaks the $3,000 Resistance, What’s Next? Coinbase Investments to Watch: $WLD, $AR, $FTT & More Still Unlisted Bears were wrong: Crypto adds $800 billion market cap in two months Bitcoin price hits $80K for the first time — New 'inflation-adjusted' all-time high Bitcoin key price levels to watch as bullish bias is confirmed Altcoins Take Off Led by Ethereum – BitMEX Founder Arthur Hayes Makes Secret Altcoin Purchase ? The Historic Moment Has Arrived: Bitcoin Price Exceeds $80,000 – Here’s the Latest Information and Expectations Cardano Price Soars 76% — Whales Return, But Overbought Risk Looms $10 Billion Ethereum (ETH) Volume to Spark Beginning of Bull Market Will Inflation Data Impact Cryptocurrency Prices? Streamlining sustainability with decentralized data | Opinion Pepe vs FLOKI: Who will lead the 2025 memecoin supercycle? Jupiter Price Rallies 29%, Is $1.8 Next For JUP? Shanghai’s Xuhui District Supports Blockchain Projects Bitcoin Climbs to $79,600 All-Time High, Fuels Broader Crypto Market Rally SHIB Outshines XRP: 20% Rally Leaves XRP's 4% Gain in Dust Cardano (ADA) Skyrockets 32%, Regains Top 10 Spot 'Alt Season' Begins With Massive ETH, DOGE and XRP Pumps These 3 Altcoins Show Strong Potential for Massive Year-End Gains Michael Saylor’s MicroStrategy Bitcoin investment tops $10 billion in profit Bitcoin Price is Running from Record to Record! We Are Just Below $80,000! What's the Reason for the Rise? Here's What You Need to... Cardano emerges as a top gainer, BTC nears $80k Solana About to Join $100 Billion Club Dutch Court Orders Binance to Disclose Account Information Tied to $200,000 Dating Scam Ethereum hits $3.2K, surpassing Bank of America market cap Double-Digit Price Surges From These Altcoins as Bitcoin (BTC) Eyes $80K (Weekend Watch) Where is it convenient to buy Bitcoin? The complete guide Big Leap for AGA: AgoraHub Strengthens On-Chain Liquidity with Strategic Partners Cronos (CRO) Price Explodes 47% WTD: Here’s The Real Reason Anatoly Yakovenko Discusses What Next For Solana & Competition With Ethereum L2s 3 New Cryptos Launched This Week to Keep an Eye On Dogecoin Flips XRP Amid 50% Price Surge: Details Can Solana Break the $202 Resistance? SOL Traders Diversify with TON and LINK $79,300 BTC Price Conquered, Pioneer Crypto Asset Bitcoin Continues to Set New ATHs on the Daily Bitcoin Explodes to Almost $80K, With Over 130,000 Traders Liquidated Daily Saga (SAGA): a complete guide to the blockchain multiverse Cardano Price May Surge To $1 If These Factors Check Out Bitcoin Strengthens as Altcoins Gain Ground Amid Bullish Sentiment 3000% VET Price Pump Expectations Fuel Amid Bullish Indicator on SHIB Chart and BTC’s New ATH Can The Dogecoin Price Reach $3 As Golden Cross Looms? Fed Rate Cut: Why There Could Be Another 25 Bps Cut This Year? Bitcoin is Trading -9.18% Below Our Price Prediction for Nov 15, 2024 200 Million DOGE in 24 Hours – What's Happening? Trump’s Bullish Crypto Era Begins as BTC Sets New ATH and ETH Breaks $3,100 in Record-Breaking Time ICP Nears Key Resistance As Analysts Set Targets Up To $30 Bitcoin ripe for 'major leg down' as BTC price nears $80K — Trader SHIB Surges 11%; $0.000021 Price Outlook for Next Week Sui Celebrates Major USDC Milestone Less Than 2 Months After Launch Bitcoin Aims to Match Gold’s Value Bitcoin Whales Resurface: $90B Transferred in Major Post-Election Moves Stealth Nation Reported to Be Purchasing Bitcoin Covertly Injective (INJ) Bullish Flag Breakout Targets Bold $100 Run 'Rich Dad Poor Dad' Author Warns – Ray Dalio’s Banking Crash Started ‘Huge Things Coming’—Bitcoin Explodes As Secret ‘Nation-State’ Adoption Mystery Rumors Fuel A Crypto Price Boom ? ADA price pumps 30% amid rumors of Cardano founder-Trump collaboration Polygon surges 22% in 7 days: Is $0.45 next for POL? Celestia Hints At Potential Breakout: Can TIA Gain Over 231%? Crypto Projects Secure Major Investments as Web3 Interest Grows Qatar Unveils Digital Asset Rules to Attract Crypto Firms Wrapped BTC on Solana Reaches $1B Market Cap—What This Means for SOL and Its DeFi Boom Strategic Moves in WIF Token Generate $8M Profit for Crypto Whale Wrapped in Chains: Bitcoin’s Centralization Trap Ethereum ETF Demand on the Rise: Will ETH Hit $4,000 Soon? Can The Donald Trump Win Drive Bitcoin Price To $170,000 This Cycle? Report: Crypto Traders Lean Toward Leveraged Long Positions After Trump Victory BTC and ETH ETFs Witness Record Inflows and Outflows Amid U.S. Election Turbulence ParaFi ex-partner's Inversion Capital will give a crypto makeover to traditional businesses Binance Founder Changpeng 'CZ' Zhao Hints At Giggle Academy's Target Countries Top Trader Says Altcoin That’s Up 2,000%+ in Two Months ‘Too Parabolic,’ Updates Forecast on PEPE Elon Musk Reveals Grok AI Meme Milestone, Community Left Buzzing Analytics Company Warns Bitcoin Price is in a Very Critical Place! “Key Decision Zone”