Cathie Wood Says Bitcoin's 85% Collapses Are "Done"
5 Articles
5 Articles
Bitcoin Done With 85% Crashes, Cathie Wood Sets $34K Bear Case Target
Bitcoin may no longer experience the extreme 85% crashes seen in previous market cycles, according to Cathie Wood, who believes the digital asset is maturing as institutional adoption grows. Wood, the CEO of ARK Invest, said that while Bitcoin remains volatile, the scale of its downturns is likely to reduce over time due to increasing participation from institutional investors […] The post Bitcoin Done With 85% Crashes, Cathie Wood Sets $34K Bea…
Cathie Wood says Bitcoin's 85% collapses are "done"
Cathie Wood, CEO of Ark Invest, believes that the era of heart-stopping Bitcoin (BTC) price crashes is officially over as institutional investors increasingly adopt it as a distinct asset class. In an April 1 CNBC Squawk Box interview, Cathie stated that a potential 50% drawdown for Bitcoin in 2026 would be considered a real victory in its community. Furthermore, BTC price has historically recorded drawdowns of 85% or more from its peaks during …
Cathie Wood Sees End of Bitcoin Wild Boom-and-Bust Era
Bitcoin dramatic boom-and-bust cycles may be becoming a thing of the past as the asset matures, according to Ark Invest founder Cathie Wood. In an interview with CNBC, Wood said Bitcoin has evolved beyond its early experimental phase into a more reliable financial system, increasingly supported by institutional investors.Visit Website
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