Ark Invest CEO Cathie Wood predicts that the four-year cyclical decline of Bitcoin has essentially ended, and she expects Bitcoin to experience a parabolic rebound driven by strong fundamentals and institutional investors. She pointed out that this will be the smallest decline in Bitcoin history, and before reaching a new all-time high, it may retest the support level around $80,000.
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Ark Invest CEO Cathie Wood predicts that the four-year cyclical decline of Bitcoin has essentially ended, and she expects Bitcoin to experience a parabolic rebound driven by strong fundamentals and institutional investors. She pointed out that this will be the smallest decline in Bitcoin history, and before reaching a new all-time high, it may retest the support level around $80,000.