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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.

Early report Major update Updated Apr 3, 2026, 11:28 AM UTC

What changed

Cointelegraph: Bitcoin 'done' with 85% crashes, says Cathie Wood amid new $34K target.

First seen Apr 3, 2026, 11:28 AM UTC Latest source Apr 3, 2026, 11:28 AM UTC