Bitcoin Falls Below $108k as Binance Co-Founder CZ Predicts BTC Will Exceed Gold's $30T Market Capitalization
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 21 2025Bitcoin Price Movement: Bitcoin's price has decreased by 2.4% to $107,867, with predictions from Binance co-founder Changpeng Zhao suggesting it will eventually surpass gold's market cap of $30 trillion.
Market Analysis: Bitcoin is currently at a critical juncture, consolidating between $107,000 and $111,000, with key support at $107,000 and potential resistance at $110,000.
Economic Influences: Upcoming US economic data, including jobless claims and CPI inflation reports, are expected to impact Bitcoin's performance this week.
Technical Indicators: The Relative Strength Index indicates potential exhaustion of selling pressure, while the Moving Average Convergence Divergence shows a bearish trend, suggesting sellers are currently in control.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
