ARK Invest CEO Cathie Wood believes Bitcoin’s historical four-year boom-and-bust cycle may be ending. She stated the recent downturn has been the mildest yet and is likely over, with the market poised for a strong rise. This view comes as Bitcoin fell to around $77,777, erasing its spring 2025 rally gains. Wood argues the current ~30% drop is modest compared to past 70-80% plunges, signaling a maturing market.
Cathie Wood of ARK Invest believes Bitcoin’s traditional four-year cycle may no longer apply. She stated she thinks Bitcoin has already hit its bottom.
Wood described this downturn as the mildest yet and argued it is over. “We didn’t have much of an upcycle by Bitcoin standards. So we think we’re pretty well through the down cycle here,” she said.
Bitcoin recently fell to about $77,777, an 11% weekly drop erasing spring 2025 gains. This followed an October 2025 high near $124,700.
She views the $80,000–$90,000 range as key support, noting the current 30% drop is mild historically. Past cycles often saw declines of 70% to 80%.
Market data presents mixed signals, with momentum indicators showing weakness. However, the Relative Strength Index has entered oversold territory, which often precedes reversals.
Bitcoin dominance remained high at nearly 60%, suggesting a flight from altcoins. Historically, this combination has preceded upward moves.
Wood maintains a long-term focus, particularly looking toward 2030. She believes Bitcoin is gradually outperforming gold as a store of value.
Since 2022, Bitcoin has risen roughly 360% compared to gold’s 170% increase. Wood believes Bitcoin’s scarcity could drive its total value to $16 trillion by 2030.
