So here we are. What sounded impossible only a few years ago became a reality. Bitcoins market cap has officially surpassed silver.
And only today BTC has also beaten Saudi Aramco, a national oil company of Saudi Arabia and is now in 7th place of the top assets by market cap.
Next target: Amazon - for that to happen (assuming Amazon won't go up) we need BTC at around $108k.
Bitcoin surpassed Silver in market cap ranking but it can lose this leading position to silver in a next bear market. This is very possible but it is not important because I wait for years when Bitcoin solidly stands above silver in market cap ranking table and I expect it to happen in 2028 - 2029 bull run.
In near future, I don't know when like you, Bitcoin will jump to a fifth position with market cap higher than $2,1T which is market cap of Amazon and Alphabet. Fro Microsoft, Google, NVIDIA, Bitcoin will need more time, like one or two more market cycles, so it will possibly be done in 2028 or 2032.
To beat gold and get to the No. 1 spot, we'd need to make x9.5. Do you think it's possible?
Yes, I think it is possible but Bitcoin will need several more cycles to beat gold which has been existing in many centuries while Bitcoin has been here since 2009 only.
If any beginner in Bitcoin market is doubtful about that super bullish scenario, let's read