Fidelity Predicts Bitcoin Could Hit $75,000 as It Gains on Gold as an Inflation Hedge

Fidelity Investments predicts Bitcoin could gain $500 billion in market cap and reach $75,000 per coin
Prediction based on Bitcoin replacing some demand for gold as a store of value and hedge against inflation
Bitcoin's current $1.2 trillion valuation is already about 20% of the $6 trillion monetary gold market
Other forecasts from Goldman Sachs and Ark Invest are even more bullish on Bitcoin
Bitcoin's potential goes beyond just "digital gold", with new ETF inflows and upcoming halving adding more upside