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.



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