Shower thought. The question might not be IF Bitcoin surges and reaches parity against Gold's Total Market Valuation. The question probably should be how much more valued would Bitcoin be WHEN and AFTER it reaches parity against Gold's Total Market Valuation.
Bitcoin Total Market Valuation - $1.90 Trillion
Gold Total Market Valuation - $17.0 Trillion
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HODL
If bitcoin were to reach a market value equilibrium similar to GOLD then this would need to be above $300K perhaps or even $500K, this is not impossible as bitcoin would be equivalent to the market value of GOLD on a market capitalist basis.
Just imagine every cycle bitcoin goes up 2x - 4x then the equilibrium will be equivalent to GOLD.
We need to HODL even longer.
Bitcoin's market capitalization achievement, which has now reached USD 1.77 trillion, is proof that Bitcoin is an asset that is increasingly accepted and will even continue to develop into a potential investment alternative in the global arena. Bitcoin is the 10th largest asset in the world, currently in 8th position and has beaten silver which is currently in 9th position with a market value of USD 1.70 trillion. And maybe in the near future Bitcoin will beat Saudi Aramco USD 1.79 trillion.
Of course we have to HODL longer, because that is very possible.