🔔 Cathie Wood’s most important line this month: BTC has hit bottom and will restart its uptrend
ARK Invest CEO Cathie Wood said on a July 3 podcast that:
“Bitcoin has entered a bottoming-out phase and will resume a broad uptrend amid volatility.”
Her bottom call is based on several key logics:
① This selloff didn’t cause systemic damage: no exchange failures, no stablecoin de-pegging, and the U.S. strategic BTC reserves are intact
② Strategy has accumulated purchases of 171,238 BTC (as of May), nearly 3x the miners’ output in the same period—this kind of “price-insensitive buying” provides support
③ ETFs continue to absorb BTC supply in the market; for every ETF share issued, there is less BTC available for selling
ARK’s 2030 BTC target price: $730,000
From today’s $65,000 to $730,000 in 2030, the required annualized compound growth rate is about 72%.
Has BTC ever achieved that pace before?
2016–2021: Annualized gains exceeded 200%.
This isn’t a promise—it’s a number you need to judge for yourself.
Do you think ARK’s bottom call is credible?👇
#BTC #ARKInvest #BinanceSquare