Veteran Crypto Analyst Says Bitcoin Will Match Gold’s Market Cap—Warns of Altcoin Crash

A long-time Bitcoin trader who made early calls on the cryptocurrency’s rise is now forecasting that Bitcoin will match or surpass gold’s global market capitalization, a scenario that would catapult BTC into multi-million-dollar territory per coin.

The trader, known on X as @Innerdevcrypto, has built a following since Bitcoin’s early years by consistently holding to the view that BTC would ultimately compete with gold—not just as a speculative asset, but as a long-term store of value recognized across borders. This week, they reiterated that thesis after Bitcoin logged a new all-time high of $123,091.61on July 14.

BTC, Risks, Taking Profit
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Bitcoin will hit the same marketcap as gold.....at least

I have been convinced of that since the day i really understood bitcoin (at 400$) while buying ethereum at 6$ and other playing with alts to get more bitcoin. Told people it would go… — Innerdevcrypto (@Innerdevcrypto) July 14, 2025

“I understood what Bitcoin was designed to be back when it was still at $400,” they posted. “Gold is just the warm-up. The real comparison starts when Bitcoin is priced against gold’s total value.”

Why This Isn’t Just Another Price Target

The analyst’s view is not simply a Bitcoin-to-$1-million headline. It’s a reflection of a deeper shift in how asset classes compete in a digitized economy.

At current prices, Bitcoin’s total market capitalization is roughly $2.3 trillion. Gold, including all the above-ground reserves held by central banks, investors, and private holders, is valued at around $15 trillion. Matching that valuation would require Bitcoin to increase at least six to seven times from today’s levels, depending on how circulating supply and lost coins are factored.

But this isn’t new territory for Bitcoin holders who remember past milestones. When BTC first crossed $10,000 in 2017, skeptics called it a speculative bubble. When it cracked $100,000 in 2025, many predicted a quick collapse. Each time, volatility hit—but Bitcoin stabilized at higher levels.

Bitcoin vs. Gold: Why the Analyst Believes This Time Is Different

@Innerdevcrypto argues that Bitcoin is built for a post-sovereign, globalized economy in a way that gold cannot match.

Unlike gold, which requires storage, verification, and physical custody across borders, Bitcoin can be transacted globally in seconds, with transparent supply limits coded into its protocol. For investors in emerging markets facing currency devaluation or capital controls, Bitcoin has become more than just a speculative bet—it’s become an alternative financial rail.

Still, the analyst flagged unresolved risks: quantum computing, cybersecurity, and regulatory hurdles could still threaten Bitcoin’s long-term trajectory if the ecosystem fails to adapt.

Traders Should Expect Sharp Corrections, Even in a Bull Market

Despite the optimistic long-term view, the analyst cautioned traders not to confuse structural growth with linear price action.

“We’re still in crypto,” they wrote. “Nothing goes straight up.”

A 30% correction in Bitcoin is overdue, according to the post. For altcoins, the expected pullback could be even steeper—50% or more, especially for smaller-cap assets that have surged in the current bull run.

In past cycles, Bitcoin has regularly seen double-digit pullbacks even while maintaining its macro uptrend. The current price action may not be different.

Altcoins and NFTs: What the Analyst Is Watching

@Innerdevcrypto outlined several assets they consider high-performing in the current cycle. Among the altcoins on their radar:

• SUI – Positioned as a next-gen blockchain for low-fee smart contracts

• SOL (Solana) – Continuing to dominate NFT and DeFi throughput

• HYPE – A new speculative coin that has captured short-term momentum

• FARTCOIN – A meme coin that has defied typical correction patterns

• KEETA – A low-cap coin riding the metaverse and gaming asset wave

In the NFT space, they singled out Pudgy Penguins, a collection that has evolved beyond typical PFP (profile picture) projects by establishing licensing deals and retail partnerships in 2025.

A Profit-First Strategy for Non-Wealthy Investors

Perhaps the most notable part of the analyst’s message was not about price targets—but about risk management.

“Everyone likes to talk about diamond hands until the market reverses,” they wrote. “If you’re not wealthy yet, you should be taking profits. That doesn’t mean sell everything—but don’t confuse conviction with recklessness.”

For their own strategy, @Innerdevcrypto confirmed they will continue holding Bitcoin, but with a plan to scale out of riskier altcoin positions over the next six months.

Bitcoin Stays Near $118K After Record High

As of late Tuesday, Bitcoin was holding steady at $118,525.39, according to Kraken.

Traders are watching for signs of either a breakout continuation or the kind of sharp correction that has historically defined crypto bull markets. Whether Bitcoin continues its climb toward gold’s $15 trillion benchmark remains to be seen—but in this market, few are dismissing the possibility outright anymore.

Also Read: MicroStrategy Buys 4,225 Bitcoin Ahead of Crypto Week—MSTR Stock Nears $600