According to the source, asset manager VanEck projects Bitcoin (BTC) could ultimately reach 50% of gold’s total market value as adoption scales under a fixed supply, source: VanEck research. The World Gold Council estimates gold’s above-ground stock value in the mid‑teens trillions of dollars depending on price, placing a 50% BTC target near a ~$7.5 trillion market capitalization, source: World Gold Council. Using Bitcoin’s hard cap of 21 million, that market cap implies roughly $350,000–$380,000 per BTC as a straightforward valuation anchor for trade sizing and scenario planning, source: Bitcoin whitepaper. For timing cues, traders can track macro drivers influencing both BTC and gold—real yields, USD strength—and institutional adoption channels such as spot Bitcoin ETFs to validate momentum toward this valuation, source: VanEck research and World Gold Council market commentary.