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.
You seem to be lacking in understanding and appreciation of what bitcoin is as compared to what gold is.
Bitcoin is likely in the ballpark of 1,000x more valuable than gold, but currently bitcoin has a market cap of about 1/8th of gold.
Even if bitcoin does not reach gold parity this cycle, it seems quite likely that it will reach gold parity and march towards around 1,000x greater than gold, whether that is bitcoin's price going up or gold coming down or a combination.. and such fair valuation could take 50-200 years to play out.
Will the current cycle be the cycle that we see Bitcoin surge above the $100,000 price-point, AND that it will "never" crash below that price-point again?