Bitcoin's recent price decline from $109K to approximately $80K has not deterred the network's growth, as both the hashrate and mining difficulty have reached unprecedented levels. This increase in difficulty, while raising mining costs, underscores Bitcoin's robust fundamentals, particularly its mining power and network security. According to Ki Young Ju, CEO of CryptoQuant, Bitcoin's potential market cap, based on current hashrate metrics, could soar to $5 trillion. Given its present market cap of $1.6 trillion, the potential for growth remains substantial, indicating a positive outlook for the cryptocurrency.