RobertBinance
1 Posts
RobertBinance
Report
Block User
A noob who only love CRYPTO
0 Following
13 Followers
0 Liked
Posts
ยท
--
Bullish
THE KING $BTC TO $๐๐๐,๐๐๐ BY 2030 ๐
A lot of people are expecting a spot #Bitcoin approval by 2024 for .
Given that BlackRock and other big hedge funds have applied for them and they have a high ETF approval rate.
Some people are also comparing #BitcoinETF approval to Gold, which pushed Gold to a new ALL TIME HIGH and beyond.
So let's do some math and see what happen if the Bitcoin ETF gets approved and BTC follows the same path as gold follows.
The first gold spot ETF in the US ๐บ๐ฒ was approved in November 2004, when gold was trading at $420 per ounce.
The market cap of gold in 2004 was around $2.16 Trillion.
In September 2011 gold peaked at $1900/ounce, and its Market Cap at the time was around $10.5 Trillion๐ฅ
These are approximate numbers, as the exact total supply of gold is unknown, unlike BTC.
Now, let's compare this with Bitcoin and see what will happen to the #BTC price if it hits the $10.5 trillion MCap.
Current MCap of BITCOIN: $518B
#Price: $26,700
To hit the $10.5T MCap
๐ฅ $BTC needs to go up by 20.2X, which will send its price to 541,216 ๐ต
One thing to note here is that when Gold ETF was approved, its Market Cap was already $2.1 Trillion, while Bitcoin's Marker Cap is $517 Billion.
But given the growth potential of $BTC it's possible that BTC can hit $500k by 2030
And we could even see a bull market that will not be a typical 4-year cycle but a supercycle that could last more than 6-7 years.
This prediction is completely data-based.
#NFA #DYOR
THE KING $BTC TO $๐๐๐,๐๐๐ BY 2030 ๐
A lot of people are expecting a spot #Bitcoin approval by 2024 for .
Given that BlackRock and other big hedge funds have applied for them and they have a high ETF approval rate.
Some people are also comparing #BitcoinETF approval to Gold, which pushed Gold to a new ALL TIME HIGH and beyond.
So let's do some math and see what happen if the Bitcoin ETF gets approved and BTC follows the same path as gold follows.
The first gold spot ETF in the US ๐บ๐ฒ was approved in November 2004, when gold was trading at $420 per ounce.
The market cap of gold in 2004 was around $2.16 Trillion.
In September 2011 gold peaked at $1900/ounce, and its Market Cap at the time was around $10.5 Trillion๐ฅ
These are approximate numbers, as the exact total supply of gold is unknown, unlike BTC.
Now, let's compare this with Bitcoin and see what will happen to the #BTC price if it hits the $10.5 trillion MCap.
Current MCap of BITCOIN: $518B
#Price: $26,700
To hit the $10.5T MCap
๐ฅ $BTC needs to go up by 20.2X, which will send its price to 541,216 ๐ต
One thing to note here is that when Gold ETF was approved, its Market Cap was already $2.1 Trillion, while Bitcoin's Marker Cap is $517 Billion.
But given the growth potential of $BTC it's possible that BTC can hit $500k by 2030
And we could even see a bull market that will not be a typical 4-year cycle but a supercycle that could last more than 6-7 years.
This prediction is completely data-based.
#NFA #DYOR
A lot of people are expecting a spot #Bitcoin approval by 2024 for .
Given that BlackRock and other big hedge funds have applied for them and they have a high ETF approval rate.
Some people are also comparing #BitcoinETF approval to Gold, which pushed Gold to a new ALL TIME HIGH and beyond.
So let's do some math and see what happen if the Bitcoin ETF gets approved and BTC follows the same path as gold follows.
The first gold spot ETF in the US ๐บ๐ฒ was approved in November 2004, when gold was trading at $420 per ounce.
The market cap of gold in 2004 was around $2.16 Trillion.
In September 2011 gold peaked at $1900/ounce, and its Market Cap at the time was around $10.5 Trillion๐ฅ
These are approximate numbers, as the exact total supply of gold is unknown, unlike BTC.
Now, let's compare this with Bitcoin and see what will happen to the #BTC price if it hits the $10.5 trillion MCap.
Current MCap of BITCOIN: $518B
#Price: $26,700
To hit the $10.5T MCap
๐ฅ $BTC needs to go up by 20.2X, which will send its price to 541,216 ๐ต
One thing to note here is that when Gold ETF was approved, its Market Cap was already $2.1 Trillion, while Bitcoin's Marker Cap is $517 Billion.
But given the growth potential of $BTC it's possible that BTC can hit $500k by 2030
And we could even see a bull market that will not be a typical 4-year cycle but a supercycle that could last more than 6-7 years.
This prediction is completely data-based.
#NFA #DYOR
40
Log in to explore more content
Join global crypto users on Binance Square
โก๏ธ Get latest and useful information about crypto.
๐ฌ Trusted by the worldโs largest crypto exchange.
๐ Discover real insights from verified creators.
Email / Phone number
Trending Topics
CPIWatch
86M views
498,261 Discussing
Share & Win Traffic Reward in our Trending Hashtag Campaign
โจTopic: Will CPI Trigger Rate Hike?
๐How to Join:
Publish a short post or article with hashtag #CPIWatch
Create content based on the below two angles:
- Nonfarm payrolls beat expectations and CPI is around the corner, do you think the Fed will hike or hold the rate?
- Bullish or bearish? Share your take and showcase your stocks or gold trade/holdings with our trade sharing widget.
๐Campaign Period:
- 2026-09-11 3:00 - 2026-09-12 9:00 UTC
๐Reward:
- Qualified posts that comply with the above guidelines and contain more than 100 words will be reviewed and may receive a random traffic boost of 500 to 3,000 views. You will receive a notification from your feed secretary if your post is selected.ย
- Get a chance to have your article featured on Binance Square Official
Need ideas for your post? Visit the topic page #CPIWatch or the Square Guide on How to Post for Better Reach.
Binance Square Official
ยท84 Likes
ยท115.7k views
CryptoSectorsFallSecondDay
2,857 views
151 Discussing
BitcoinGoldenCrossConfirms
5,346 views
192 Discussing