Bitcoin Today News: CZ predicts surpassing gold with a market capitalization of 30 trillion USD, BTC may soar to a sky-high price of 1.5 million USD!

Industry insider CZ predicts that Bitcoin will eventually surpass gold's market capitalization of approximately $30 trillion, sparking a new round of heated discussions in the global encryption community. Currently, the trading price of Bitcoin is around $110,000, with a market capitalization of about $2.2 trillion, ranking eighth among global assets. Billionaire investor Anthony Scaramucci also echoes this view, predicting that with institutional adoption, Bitcoin could reach $1.5 million. Driven by bullish sentiment, Bitcoin's price initiated a slight recovery in late October 2025, striving to consolidate support above $110,000.

CZ makes bold claims again: Bitcoin “flipping” gold is a matter of time

CZ has clearly stated on social media X that Bitcoin will eventually “flip” the market capitalization of gold. Although he did not provide a specific timeline, this statement quickly gained the attention of investors and analysts. He has mentioned multiple times in the past that the physical properties of gold are quite inconvenient in the modern digital world. In contrast, Bitcoin, as a “scarcer, faster, and borderless” digital asset, is regarded by many supporters as a superior form of currency more suitable for the digital age. Analyst CryptoGao even pointed out that, with CZ's consistently accurate prediction record, Bitcoin is expected to catch up and surpass gold in “months.”

Institutional Leadership and Generational Preference: Scaramucci Outlines a $1.5 Million Blueprint

Billionaire investor Anthony Scaramucci shared a similar optimistic outlook in an interview with CNBC, predicting that the price of Bitcoin could reach $1.5 million, achieving “gold parity.” He believes that institutional products represented by the BlackRock Bitcoin ETF are accelerating the trend of institutional adoption of Bitcoin and compares the current environment to the tech boom of the early 2000s. Scaramucci emphasized that the younger generation of investors prefers Bitcoin over traditional gold as a safe-haven asset, indicating that the next wave of wealth will flow into digital assets. He also described Bitcoin as a “resilient” asset that will not lose its long-term potential due to market downturns.

Price Recovery and Technical Outlook: Bulls Strive to Break Key Resistance

Driven by market sentiment, the Bitcoin price has begun a wave of recovery from above $108,000, successfully breaking through resistance levels of $107,500 and $108,500, and once reaching as high as $111,800. Currently, the Bitcoin price is above $109,000 and is above the 100-hour simple moving average. A bullish trendline is providing support near $108,800.

The immediate resistance is around $110,500, with the first key resistance at $111,200. If Bitcoin can break through $111,500, the price is expected to test $112,500 and may further look towards the next bull barrier at $113,200 and even $115,000.

Conversely, if Bitcoin fails to hold above $110,000, it may trigger a new round of declines. Immediate support is located near $108,800 and the trendline, while major support is around $108,000. Investors need to closely monitor the offensive and defensive situation at $110,000.

The Opposing Voice of Gold Advocates: Schiff Supports Gold Stability

In stark contrast to the bullish camp, veteran gold advocate Peter Schiff has raised objections. He believes that gold is the biggest threat to Bitcoin and points out that the cryptocurrency industry attacks gold to uphold the narrative of Bitcoin as “digital gold.” Schiff firmly believes that gold is a more stable safe-haven tool, and its recent strong performance gives investors no reason to switch to Bitcoin. This debate over who is the “ultimate store of value” continues in the financial world.

Conclusion

Heavyweights like CZ and Scaramucci have brought strong confidence support to the market with their high expectations for Bitcoin. Although the price is still oscillating around key technical levels, the support from long-term institutional funds and generational investment trends has laid the foundation for Bitcoin's continued growth. While investors pay attention to technical analysis, they should also consider macroeconomic factors and the flow of institutional funds as important reference indicators.

Disclaimer: This article is for news information and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors should make cautious decisions.