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GUSD Minting
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ARK Invest founder Cathie Wood recently stated during a CNBC live broadcast that she believes the bottom of this round of Bitcoin has basically already appeared. Her core logic is that: this correction is the shallowest in Bitcoin's four-year cycle history, indicating that selling pressure has been largely absorbed. She predicts that as the cycle progresses and institutional participation continues, Bitcoin may experience a very strong upward trend, potentially even a "parabolic" rise.
However, she also mentioned that in the short term, there could still be fluctuations, with prices possibly oscillating around key support levels. But from a medium to long-term perspective, she remains extremely bullish on Bitcoin.