Bitcoin at $71K, same as $20K last cycle — BTC price analysis

Bitcoin prices could reach $337,000 as the "upper bound" of the current cycle, according to popular BTC price analyst Willy Woo.

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We’re still early in the Bitcoin (BTC) bull market because the BTC price of $71,000 is equivalent to the $20,000 mark of the previous bull cycle, according to Willy Woo, Bitcoin analyst and managing partner at CMCC Crest.

Bitcoin breached the record $71,000 mark on March 11, three days after Ether surpassed the $4,000 mark for the first time since 2021.

Related: Bitcoin miner revenue records second-best day in history

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