Here’s when Bitcoin could overtake gold and real estate, according to Quant Analyst PlanB


Quantitative analyst PlanB predicts when the value of Bitcoin’s market capitalization (BTC) could exceed that of more traditional assets like gold and real estate.

In an interview with Blockware Intelligence, analyst said that BTC could hit a market cap valuation somewhere between gold and real estate by the next halving. A halving occurs when the reward for mining BTC is halved. It is believed that the next two halvings will take place in 2024 and 2028.

PlanB then sees Bitcoin’s market cap reach somewhere between $ 10,000 billion and $ 100,000 billion.

“After the next halving, or really that halving, we should get closer to the market cap of gold.

And after the next halving, it would really surprise me if an asset recognized by the market as a store of value, which is worth more than a trillion dollars, if this store of value, with greater scarcity than gold, not at least be valued higher than gold.

So somewhere between gold and real estate – $ 10,000 billion and $ 100,000 billion or so. “

Bitcoin’s market cap is around $ 1.2 trillion at the time of writing.

PlanB predicts that the next halving could be a catalyst for investors to perceive Bitcoin as a scarce store of value.

“… I think the halving will always be a boost for investors as they recognize and see Bitcoin for what it is – a really rare and valuable asset.”

The crypto analyst’s forecast is based on the stock-to-flow (S2F) trading model, which attempts to predict the price of an asset by measuring the amount of new supply entering the market relative to the amount of the already existing offer.

Looking at the S2F applied to Bitcon, PlanB sees an even bigger future for the largest crypto asset by market cap.

“I think if Bitcoin’s stock-flow will be bigger than even real estate – so over 100, and that’s basically the case after the next halving – and certainly after the halving in 2028. But let’s say 2024, when we move on to real estate, then it will be the most portable, the most divisible, the most fungible, and also the rarest asset on the planet.

I think investors will see this, and this combination will likely mean that people are going to see Bitcoin not as a store of value but as money. And that will trigger hyper-Bitcoinization.

Bitcoin is currently trading at $ 66,196, up 6.04% in the past 24 hours.


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