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Cathie Wood: Bitcoin is emerging from the weak phase of the four-year cycle, 2026/01/22 14:41:24
Ark Invest CEO Cathie Wood suggested that Bitcoin is beginning to emerge from the current, weakest phase of the four-year market cycle. According to the theory of cycles, after the reward to miners is halved (halving), the Bitcoin rate rises and then sharply declines.
According to Wood, now, after months of unstable prices, Bitcoin is approaching a tipping point – the first cryptocurrency is beginning to stabilize, and the market could soon move from consolidation to recovery. The head of Ark Invest believes that Bitcoin has already absorbed most of the losses, and the current drawdown in the BTC price is much smaller in scale and shorter in duration, unlike declines in previous cycles. This indicates a gradual maturation of the market, Wood is sure.
The CEO of the investment firm suggested that in the short term, Bitcoin could return to support levels around $80,000 before following a bullish rally. The crypto asset has yet to deliver the kind of returns typically seen during previous crypto bull runs, so Bitcoin has room for further gains, Wood believes.
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According to the head of Ark Invest, large companies increasingly regard Bitcoin as an investment asset, and not as a tool for market speculation. Clarity in the laws of some countries on the regulation of cryptocurrencies increases the likelihood of corporate investors entering the cryptomarket and increasing the share of cryptocurrencies in their portfolios.
According to Ark Invest’s forecast, the market capitalization of Bitcoin could reach $16 trillion by 2030, and the cryptocurrency market could increase to $28 trillion. Given the fixed supply of Bitcoin at 21 million coins, the potential price of Bitcoin could reach $761 900, Wood calculated.
Earlier, the head of ARK Invest said that the fall of cryptocurrencies is being held back by purchases of Bitcoin by large companies for the purpose of long-term storage – investors believe that Bitcoin is able to protect their capital during economic instability.
