Cathie Wood Says Bitcoin's Brutal 85% Crashes Are Over—Here's Why That Matters
Cathie Wood just declared Bitcoin's era of catastrophic crashes officially finished. But is she right—and what does it mean for your portfolio?
⚡ Key Takeaways
- Cathie Wood declares the era of 85%+ Bitcoin crashes over, positioning it as proof of maturation from speculative asset to proven monetary system 𝕏
- Analyst Tony Severino predicts a 72% drawdown to $34,000 in 2026—below trader consensus of $40K-$50K but still aligning with Wood's 'no extreme crashes' thesis 𝕏
- April historically marks inflection points and recovery months for Bitcoin during bear markets, offering a potential near-term catalyst despite broader bearish warnings 𝕏
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Originally reported by Cointelegraph
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