Kane scored a brace in the 3-1 Champions League win over Borussia Dortmund on Wednesday, and following the game, Bellamy said that he has similar traits to the Spaniard striker.
"When Kane first broke onto the scene he reminded me of Raul," Bellamy said on Sky Sports.
"He's not lightning quick, he's very clever in his movement, he understands where he needs to be and he can create half a yard from anything.
"Raul is incredible and will always remain incredible but Kane has got similar traits to where he was, he's that type of forward.
"If Kane can stay on this path, he's the only current player who can threaten Alan Shearer's Premier League goalscoring record."