Cathie Wood Says Institutional Demand Will Break Bitcoin’s Four-Year Pattern

Ark Invest CEO Cathie Wood stated this week that Bitcoin’s (CRYPTO: $BTC) long-observed four-year cycle may no longer define market behavior, arguing that the asset’s structure has shifted as institutional participation rises. Speaking in an interview with Fox Business, she stated that Bitcoin’s historical pattern of deep drawdowns followed by post-halving rallies is likely to change as larger market participants assume a greater share of activity. source: https://www.cryptoprowl.com/releases/cathie-wood-says-institutional-demand-will-break-bitcoins-four-year-pattern-1567