[Ansem: The Market Cap Gap Between BTC and Gold Will Continue to Narrow, This Cycle Resembles the 2020-2021 DeFi Expansion] Renowned trader Ansem posted on the X platform, stating that another reason to be optimistic about Bitcoin is that in the previous cycle, Bitcoin did not even achieve a historical high relative to gold. Ansem believes that if one accepts the logic that BTC is the best digital hard currency, then the gap between BTC and gold will continue to narrow. Currently, gold's market cap is approximately $30 trillion, while Bitcoin's is about $1.7 trillion. As the market cap gap between the two shrinks, the rationale for governments to include Bitcoin on their balance sheets will also increase, similar to the way they currently hold gold. Ansem also mentioned that there is no need to directly compare this cycle to 2020, 2023, or 2024. Instead, he believes the current market environment is more akin to the 2020-2021 DeFi expansion.