Bitcoin ‘done’ with 85% crashes, says Cathie Wood amid new $34K target
ARK Invest CEO Cathie Wood said that Bitcoin as a “proven” asset would no longer experience drawdowns of 85% or more from all-time highs.
Bitcoin (BTC) is “done” with drawdowns of 85% or more from all-time highs, says ARK Invest CEO, Cathie Wood.
Key points:
Bitcoin will not see another correction of 85% or more versus its latest all-time high, Cathie Wood argues.