I think that is very likely to happen because you must be able to realize that the total supply of bitcoin is very limited, in contrast to gold which has a very large supply and is very easy to obtain so that the price of gold is defeated by the price of bitcoin.
The price of bitcoin has already crossed the price of gold and is more costly than gold, but the problem is not the price. The actual matter is the reliability and I think that gold is more reliable than bitcoin because gold is the actual money while bitcoin is the shape of money and depends upon internet. Gold is more valuable than bitcoin although the profit of bitcoin is better than gold.