{"id":375935,"date":"2019-03-25T20:00:34","date_gmt":"2019-03-25T20:00:34","guid":{"rendered":"https:\/\/wncen.com\/?p=375935"},"modified":"2019-03-25T15:18:34","modified_gmt":"2019-03-25T15:18:34","slug":"bitcoin-price-gold-market-cap","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/","title":{"rendered":"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a>, to many, is the digital equivalent of gold \u2013 one of the world\u2019s first ever currencies, means of exchange, and stores of value. According to crypto bull Mike Novogratz, one day, Bitcoin\u2019s market cap will surpass that of gold\u2019s.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">After the lofty prediction was made, crypto analysts took to Bitcoin price charts hoping to outline the trajectory that could take the first-ever crypto to a market cap of over $7.5 trillion. One crypto analyst, using Bitcoin\u2019s long-term logarithmic growth chart, shows how BTC reaching such a feat is entirely \u201cfeasible.\u201d<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Mike Novogratz: Bitcoin Market Cap Will \u201cEasily\u201d Surpass Gold<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">This week, Galaxy Digital CEO and founder <a href=\"\/tag\/mike-novogratz\" rel=\"nofollow\">Mike Novogratz<\/a> joined Morgan Creek\u2019s Anthony \u201cPomp\u201d Pompliano\u00a0on the Off The Chain podcast he hosts. There, the outspoken crypto bull suggested that Bitcoin could \u201ceasily\u201d reach a similar market cap as gold\u2019s $7.5 trillion cap over the course of the next 20 years.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/03\/09\/precious-metals-firm-drops-crypto-is-the-bitcoin-digital-gold-narrative-in-trouble\/\">Precious Metals Firm Drops Crypto: Is the Bitcoin Digital Gold Narrative In Trouble?<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">Novogratz added that it would require BTC to \u201c100x\u201d from today\u2019s prices of approximately $3,950, but clarified that crypto investors shouldn&#8217;t expect it get there \u201cin the next year or two.\u201d It\u2019s a long-term goal for Bitcoin\u2019s market cap, according to Novogratz.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Bitcoin Price Chart Shows Growth Trajectory to $7.5 Trillion Market Cap<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Following Novogratz and his highly-publicized podcast remarks, crypto Twitter began digging into how Bitcoin price might eventually reach the heights discussed by the <a href=\"\/tag\/galaxy-digital\" rel=\"nofollow\">Galaxy Digital<\/a> CEO.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Prominent crypto analyst <a href=\"\/tag\/dave-the-wave\" rel=\"nofollow\">Dave the Wave<\/a>, known for his analysis of <a href=\"https:\/\/wncen.com\/2019\/03\/04\/weekly-macd-bullish-bitcoin-price\/\">longer-term Bitcoin price charts and trend changes<\/a>, shared a 50-year chart of BTC\u2019s market cap using the logarithmic growth rate to highlight its path to $7.5 trillion.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Yes, according to the curve&#8230;. <a href=\"https:\/\/t.co\/TxyzgMQ4tt\" rel=\"nofollow\">pic.twitter.com\/TxyzgMQ4tt<\/a><\/p>\n<p>&mdash; dave the wave\ud83c\udf0a\ud83c\udf13 (@davthewave) <a href=\"https:\/\/twitter.com\/davthewave\/status\/82847488?ref_src=twsrc%5Etfw\" rel=\"nofollow\">March 25, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">Considering the chart\u2019s growth trajectory, <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> can be expected to peak some time around the year 2045, and from there it will begin to stabilize. At that point, it will become a more realistic store of value and currency due to volatility\u00a0 essentially disappearing from the asset.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/03\/01\/crypto-bitcoin-price-long-term\/\">Poll Reveals Majority of Crypto Investors See Bitcoin Price at $100,000 to Millions Long-Term<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">At such an astronomical market cap, the price per BTC would be near $360,000 each assuming all BTC is mined by the time the target is reached in 2045. Despite such a seemingly unrealistic number, the $7.5 trillion market cap of BTC would only represent a mere under 2.5% of the entire global wealth, which is currently at $317 trillion according to The Credit Suisse Research Institute&#8217;s <a href=\"https:\/\/www.credit-suisse.com\/corporate\/en\/research\/research-institute\/global-wealth-report.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><span class=\"s2\">Global Wealth Report<\/span><\/a>.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">If Bitcoin were to absorb much of the world\u2019s transactional value by becoming the global currency for the internet as many believe it may, <a href=\"https:\/\/wncen.com\/2019\/03\/01\/crypto-bitcoin-price-long-term\/\">BTC may eventually reach the potentially \u201cmillions\u201d in value<\/a> that most cryptocurrency investors expect it to. It just won&#8217;t happen for another 25 or more years.<\/span><\/p>\n<pre>Featured image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin, to many, is the digital equivalent of gold \u2013 one of the world\u2019s first ever currencies, means of exchange, and stores of value. According to crypto bull Mike Novogratz, one day, Bitcoin\u2019s market cap will surpass that of gold\u2019s. After the lofty prediction was made, crypto analysts took to Bitcoin price charts hoping to outline the trajectory that could take the first-ever crypto to a market cap of over $7.5 trillion. One crypto analyst, using Bitcoin\u2019s long-term logarithmic growth chart, shows how BTC reaching such a feat is entirely \u201cfeasible.\u201d Mike Novogratz: Bitcoin Market Cap Will \u201cEasily\u201d Surpass Gold This week, Galaxy Digital CEO and founder Mike Novogratz joined Morgan Creek\u2019s Anthony \u201cPomp\u201d Pompliano\u00a0on the Off The Chain podcast he hosts. There, the outspoken crypto bull suggested that Bitcoin could \u201ceasily\u201d reach a similar market cap as gold\u2019s $7.5 trillion cap over the course of the next 20 years. Related Reading | Precious Metals Firm Drops Crypto: Is the Bitcoin Digital Gold Narrative In Trouble? Novogratz added that it would require BTC to \u201c100x\u201d from today\u2019s prices of approximately $3,950, but clarified that crypto investors shouldn&#8217;t expect it get there \u201cin the next year or two.\u201d It\u2019s a long-term goal for Bitcoin\u2019s market cap, according to Novogratz. Bitcoin Price Chart Shows Growth Trajectory to $7.5 Trillion Market Cap Following Novogratz and his highly-publicized podcast remarks, crypto Twitter began digging into how Bitcoin price might eventually reach the heights discussed by the Galaxy Digital CEO. Prominent crypto analyst Dave the Wave, known for his analysis of longer-term Bitcoin price charts and trend changes, shared a 50-year chart of BTC\u2019s market cap using the logarithmic growth rate to highlight its path to $7.5 trillion. Yes, according to the curve&#8230;. pic.twitter.com\/TxyzgMQ4tt &mdash; dave the wave\ud83c\udf0a\ud83c\udf13 (@davthewave) March 25, 2019 Considering the chart\u2019s growth trajectory, Bitcoin can be expected to peak some time around the year 2045, and from there it will begin to stabilize. At that point, it will become a more realistic store of value and currency due to volatility\u00a0 essentially disappearing from the asset. Related Reading | Poll Reveals Majority of Crypto Investors See Bitcoin Price at $100,000 to Millions Long-Term At such an astronomical market cap, the price per BTC would be near $360,000 each assuming all BTC is mined by the time the target is reached in 2045. Despite such a seemingly unrealistic number, the $7.5 trillion market cap of BTC would only represent a mere under 2.5% of the entire global wealth, which is currently at $317 trillion according to The Credit Suisse Research Institute&#8217;s Global Wealth Report. If Bitcoin were to absorb much of the world\u2019s transactional value by becoming the global currency for the internet as many believe it may, BTC may eventually reach the potentially \u201cmillions\u201d in value that most cryptocurrency investors expect it to. It just won&#8217;t happen for another 25 or more years. Featured image from Shutterstock<\/p>\n","protected":false},"author":517,"featured_media":375937,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,24132,2209,8322,11277],"class_list":["post-375935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-dave-the-wave","tag-gold","tag-market-cap","tag-mike-novogratz"],"acf":[],"yoast_head":"\n<title>Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible<\/title>\n<meta name=\"description\" content=\"Mike Novogratz says Bitcoin could \u201ceasily\u201d reach a similar market cap as gold\u2019s $7.5 trillion cap over the course of the next 20 years.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible\" \/>\n<meta property=\"og:description\" content=\"Mike Novogratz says Bitcoin could \u201ceasily\u201d reach a similar market cap as gold\u2019s $7.5 trillion cap over the course of the next 20 years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-25T20:00:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-25T15:18:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"6720\" \/>\n\t<meta property=\"og:image:height\" content=\"4480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible\",\"datePublished\":\"2019-03-25T20:00:34+00:00\",\"dateModified\":\"2019-03-25T15:18:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/\"},\"wordCount\":485,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480\",\"keywords\":[\"bitcoin\",\"Dave the Wave\",\"gold\",\"Market Cap\",\"Mike Novogratz\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/\",\"name\":\"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480\",\"datePublished\":\"2019-03-25T20:00:34+00:00\",\"dateModified\":\"2019-03-25T15:18:34+00:00\",\"description\":\"Mike Novogratz says Bitcoin could \u201ceasily\u201d reach a similar market cap as gold\u2019s $7.5 trillion cap over the course of the next 20 years.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480\",\"width\":6720,\"height\":4480},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible","description":"Mike Novogratz says Bitcoin could \u201ceasily\u201d reach a similar market cap as gold\u2019s $7.5 trillion cap over the course of the next 20 years.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible","og_description":"Mike Novogratz says Bitcoin could \u201ceasily\u201d reach a similar market cap as gold\u2019s $7.5 trillion cap over the course of the next 20 years.","og_url":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-03-25T20:00:34+00:00","article_modified_time":"2019-03-25T15:18:34+00:00","og_image":[{"width":6720,"height":4480,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible","datePublished":"2019-03-25T20:00:34+00:00","dateModified":"2019-03-25T15:18:34+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/"},"wordCount":485,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480","keywords":["bitcoin","Dave the Wave","gold","Market Cap","Mike Novogratz"],"articleSection":["Bitcoin","Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/","url":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/","name":"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480","datePublished":"2019-03-25T20:00:34+00:00","dateModified":"2019-03-25T15:18:34+00:00","description":"Mike Novogratz says Bitcoin could \u201ceasily\u201d reach a similar market cap as gold\u2019s $7.5 trillion cap over the course of the next 20 years.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480","width":6720,"height":4480},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Price Chart Shows How Surpassing Gold\u2019s Market Cap Is \u201cEasily\u201d Feasible","url":"http:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-price-gold-market-cap\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","dave the wave","gold","market cap","mike novogratz"],"dateCreated":"2019-03-25T20:00:34Z","datePublished":"2019-03-25T20:00:34Z","dateModified":"2019-03-25T20:00:34Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price Chart Shows How Surpassing Gold\\u2019s Market Cap Is \\u201cEasily\\u201d Feasible\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-gold-market-cap\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-gold-market-cap\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"dave the wave\",\"gold\",\"market cap\",\"mike novogratz\"],\"dateCreated\":\"2019-03-25T20:00:34Z\",\"datePublished\":\"2019-03-25T20:00:34Z\",\"dateModified\":\"2019-03-25T20:00:34Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoin-price-gold-market-cap-shutterstock_1063628951.jpg?fit=6720%2C4480","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/375935"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=375935"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/375935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/375937"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=375935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=375935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=375935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}