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Cathie Wood Claims Bitcoin's Four-Year Cycle is Broken

Cathie Wood Claims Bitcoin's Four-Year Cycle is Broken

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by Ayman Ben Youssef

4 months ago


Cathie Wood, the founder and CEO of Ark Invest, has shared her insights on the evolving dynamics of Bitcoin's market behavior, suggesting a shift in its traditional patterns. According to the official information, she highlighted the breaking of Bitcoin's longstanding four-year cycle structure.

Снижение волатильности Биткойна

Wood pointed out that Bitcoin's volatility has significantly decreased in recent years, contrasting with its historical tendency for drastic corrections, which could see drops of up to 90%. She attributes this stabilization to the increasing participation of institutional investors, who have contributed to a more resilient price structure.

Потенциал для будущего роста

Furthermore, Wood expressed her belief that Bitcoin recently reached its bottom, indicating a pivotal moment in its trajectory and potential for future growth.

This week, Bitcoin broke out of an eight-week downtrend, a significant shift that contrasts with Cathie Wood's insights on its evolving market behavior. For more details, see the full article here.

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