$BTC

Yes, the report is accurate: ARK Invest CEO Cathie Wood confirmed in a video that "we are still in a Bitcoin bull market," according to Odaily . This aligns with ARK’s broader, bullish stance: Wood has consistently argued that Bitcoin is still in an early-stage bull cycle and anticipates much higher highs ahead, with targets as lofty as $1.5 million by 2030 under optimistic scenarios .

Why this matters

ARK's conviction: ARK was among the first big asset managers to dive into Bitcoin (back when it was roughly $250 in 2015). Their long-term thesis hinges on continued institutional adoption and macro tailwinds .

Market context: As of now, Bitcoin is trading around $108,700—recently dipping from above $110K but still holding above critical psychological levels .

Bull signals: Wood highlights that recent consolidation near all-time highs is healthy in bull markets, building a strong base for the next leg up .

Bottom line

Cathie Wood doubling down on the bull market thesis confirms ARK’s confidence in Bitcoin's long-term trajectory. Their strategy is driven by macro factors—regulatory clarity, growing institutional interest, and supply scarcity from halvings—all combining to support sustained upward momentum.

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