Bitcoin Price Forecast: Binance Founder CZ Predicts BTC Will Flip Gold

TLDR:

Bitcoin trades around $108K after a 4.45% weekly drop, with trading volume surpassing $59B, per CoinGecko.
Binance founder CZ predicts Bitcoin will one day surpass gold, though the timeline remains uncertain.
Gold prices hit $4,400 after breaking resistance, with analysts warning of near-term overheating.
Analyst CrediBULL Crypto projects a $150K Bitcoin target before the cycle top, keeping $74K as key support.

Bitcoin’s price may be cooling, but confidence from top crypto figures hasn’t faded. 

Binance founder Changpeng “CZ” Zhao believes Bitcoin will one day surpass gold. His recent comments reignited debate over digital assets versus traditional stores of value. 

The statement came while BTC prices have struggled to hold above $110,000. Market watchers are now weighing whether the slowdown is a pause before another run or a deeper correction.

BTC Price Pulls Back as Market Pauses

Bitcoin has traded between $104,778 and $113,442 during the past week, according to CoinGecko. 

The latest data shows BTC at $107,996 with a 24-hour trading volume of $59.56 billion. Prices are down 2.92% in the last day and 4.45% across the week. Earlier this month, Bitcoin touched $124,000 before losing momentum.

CZ, through a post on X, said he believes Bitcoin will eventually “flip gold” in value, though the timing remains uncertain. 

He added that while the process may take time, he’s confident it will happen. The statement echoes long-term optimism across crypto circles, even as short-term movements show hesitation.

Gold, on the other hand, has strengthened. Market account Gold Predictors shared that the metal broke above its ascending channel, reaching around $4,400. 

Analysts described current gold price momentum as strong but potentially overheated, suggesting a short-term pullback could follow.

The contrast between Bitcoin’s brief stall and gold’s rally has reignited debate over which asset will dominate the next cycle. While gold shines now, some investors expect Bitcoin’s supply cap and institutional adoption to eventually shift the balance.

Analyst Eyes $150K Bitcoin Cycle Top

Market analyst CrediBULL Crypto shared his chart analysis, saying the Bitcoin cycle is still incomplete. He reaffirmed that BTC could reach $150,000 before this cycle ends. 

According to him, Bitcoin is currently in a corrective phase after its earlier move from $74,000 to $112,000. He expects a bottom forming between current levels and $74,000 before the next push higher.

He added that Bitcoin’s next impulses should accelerate at a faster rate. This pattern could lead to sharper gains once the final wave begins. His count points to the current stage being subwave two of the fifth wave, with increasing momentum expected in the next phases.

CrediBULL emphasized that while timeframes are uncertain, the key price invalidation level sits at $74,000. As long as BTC stays above that range, the bullish scenario remains intact. His projection aligns with those who view current weakness as temporary consolidation.

CZ’s view reinforces a similar long-term stance. Both perspectives suggest that Bitcoin’s broader cycle still has room to expand before a final peak. For now, traders continue to monitor whether BTC can reclaim its earlier strength or if further cooling lies ahead.