Tether's strategic advisor Gabor Gurbacs has taken to his X account to discuss the prospects Bitcoin may have in the next few years.

Gurbacs reminded the crypto community that over the past three years, gold's market capitalization has increased by $10 trillion, and now it stands at $21.173 trillion in total.

People are always interested in new perspectives, especially when it comes to an asset class that has seen rapid appreciation in recent times.

That's exactly what Gabor Gurbacs, a strategic advisor at Tether, brought to light with his analysis of Bitcoin's prospects in the next few years. Sharing his bullish opinion with the community, he drew parallels to another popular safe haven asset — gold.

Over the past three years, the market capitalization of gold has increased by $10 trillion, and now it stands at $21.173 trillion in total. Back in 2023, it equaled $14.66 trillion.

Earlier this year, we covered a report by Incrementum, which mentions that over the past 50 years, the price of gold has increased by 4,600 percent in U.S. dollar terms. They also add that over the past 12 years, gold has generated an average annual return of 14.6 percent in U.S. dollar terms.

Now, apply the same prediction principle to digital gold — Bitcoin. A few years ago, nobody believed the prediction when he said “gold can double and add $10 Trillion in value.”

Now, he has applied the same prediction principle to digital gold — Bitcoin. Gurbacs believes that assets with large capitalization size “can move at size,” adding that “capital inflow and mcap isn’t a linear relationship.” This is why, he stated, he is certain that Bitcoin’s market cap can get a significant boost over in its next phase: “This makes me bullish on Bitcoin’s next phase.”

This can imply that Bitcoin’s market capitalization value may add a few trillion dollars. Other influencers would find this bet a little conservative. Michael Saylor, the renowned Bitcoin evangelist who spearheads Strategy, said in an interview recently that he believes in 21 years, Bitcoin will steal part of gold’s market share and will cost $13 million per coin.

Following his company's strategy, the company continues to stack Sats. On March 31, it announced a mammoth purchase of nearly $2 billion worth of Bitcoin after raising this amount from investors.