An estimate of Bitcoin’s volatility index from the last 60 days shows that it’s been around 4.61%. In the wake of a new digital era, Bitcoin is quickly becoming the champion. In its rise, it is becoming evident that gold has no place in the new world. Bitcoin just edges gold in every attribute and with Bitcoin dropping its infamous volatility, adoption coming at it from an institutional approach, the future has never looked brighter. So is Bitcoin about to flip Bitcoin? Bloomberg’s Mike McGlone certainly thinks so. In a report, the commodity strategist illustrated Bitcoin’s potential. McGlone proved the digital asset is gaining greater appeal than Bitcoin, and further increasingly attracting gold investors who are pulling their money out of gold and into Bitcoin. McGlone has gone further to predict that Bitcoin will reach $50K and its volatility could reach gold’s levels.