Bitcoin will make history at $340K if BTC beats last cycle's 2100% gains

Bitcoin getting to $340,000 this cycle is a "very big ask," but over the past five years, BTC has already won the macro asset returns game, research shows.

Key points:

Bitcoin will beat its prior cycle’s gains for the first time if it makes it to $340,000 this bull market.

While a “very big ask,” such a feat would make BTC the world’s second most valuable asset by market cap.

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