Cathie Wood Predicts Bitcoin's Short-Term Consolidation Between $80,000 and $92,000

Cathie Wood has expressed optimism about Bitcoin's future, suggesting that the cryptocurrency may consolidate between $80,000 and $92,000 in the short term. According to Bitalk News, Wood, who is the CEO of ARK Invest, remains confident in Bitcoin's potential, stating that ARK is fully committed to its positive outlook on the digital currency. She believes that the worst phase of the four-year cycle's downturn is largely over, and Bitcoin is poised to resume its upward trajectory soon.