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.

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