If Bitcoin hits 340,000 USD this cycle, it will mark a historical achievement, surpassing prior gains of nearly 2,100%. With a current market cap of approximately 6.7 trillion USD, BTC would become the second most valuable asset, closing the gap to gold’s 23 trillion USD market cap.
BTC has demonstrated a remarkable upward trend, increasing 700% since its bear market low of 15,600 USD in 2022. Despite this impressive performance, it will require significant growth to match each previous bull market’s heights, highlighting the challenges ahead.
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