Bitcoin "Out Presents" Gold and S&P 500 in terms of ROI
At Halving 2020, BTC saw the lowest ROI (March 2020 - 2 months before Bitcoin Halving) with only 43% since February 2019, when the market was gradually accumulating waiting for the third Halving.
Since then, BTC has continuously grown and peaked in November 2021 to reach an ROI of 1699%, currently BTC is also having an ROI of 1298%! It only takes ~22% for BTC price to return to its old peak and achieve the current ROI
There is also a big difference between Bitcoin and the traditional market in terms of ROI. Within 14 years since its launch, BTC has increased by 1.9B%, while Gold is +80% and S&P 500 is 353%.
February 2024 is also nearly 2 months away from the 4th Halving, and #BTC is only more than 20% away from its peak, it is highly likely that $BTC will approach an even higher ATH level.
=> Halving 2024 may open a super cycle for the crypto market. After that, the market will probably enter a stable period like the traditional market
#ETH #sol #Meme #TrendingTopic $ETH $XRP