$BTC
BTCUSDT
Perp
75,940.6
-1.35%
Post
--Bullish
$BTC 📉 *ARK INVEST: BITCOIN HASN'T HIT THE BOTTOM OF THE CYCLE YET* 📉
Analysts from Ark Invest, led by Cathie Wood, released a new report on BTC.
*WHAT THEY SAID:*
1. *BTC hasn't hit the bottom of the current cycle*
Reason: The price hasn't dipped below the range of $50k to $54k. This is the average price that retail and long-term investors paid. History shows that BTC usually visits this zone before making a strong reversal.
2. *Whales aggressively bought the dip*
In Q1, long-term investors increased their position by 69%. They went from 2.13 million to 3.60 million BTC. This was the fastest absorption since 2020.
3. *Price context*
BTC peaked at $77k following the US-Iran ceasefire news, but didn't break through $80k. Today it trades at $77,514. It has fallen from its high, but is still far from the $54k zone that Ark is monitoring.
But the aggressive buying from whales indicates that major players see the correction as an opportunity. I'm going to follow their lead.
*CURRENT PRICES 04/24/2026:*
*BTC:* $77,514 +0.4%
*ETH:* $2,309.13 0.0%
*XRP:* $1.43 +0.9%
*BNB:* $634.30 +0.5%
*SOL:* $85.33 +0.1%
_This text does not constitute investment advice._
#Bitcoin #BTC #ArkInvest #CathieWood #Crypto #Analysis
Analysts from Ark Invest, led by Cathie Wood, released a new report on BTC.
*WHAT THEY SAID:*
1. *BTC hasn't hit the bottom of the current cycle*
Reason: The price hasn't dipped below the range of $50k to $54k. This is the average price that retail and long-term investors paid. History shows that BTC usually visits this zone before making a strong reversal.
2. *Whales aggressively bought the dip*
In Q1, long-term investors increased their position by 69%. They went from 2.13 million to 3.60 million BTC. This was the fastest absorption since 2020.
3. *Price context*
BTC peaked at $77k following the US-Iran ceasefire news, but didn't break through $80k. Today it trades at $77,514. It has fallen from its high, but is still far from the $54k zone that Ark is monitoring.
But the aggressive buying from whales indicates that major players see the correction as an opportunity. I'm going to follow their lead.
*CURRENT PRICES 04/24/2026:*
*BTC:* $77,514 +0.4%
*ETH:* $2,309.13 0.0%
*XRP:* $1.43 +0.9%
*BNB:* $634.30 +0.5%
*SOL:* $85.33 +0.1%
_This text does not constitute investment advice._
#Bitcoin #BTC #ArkInvest #CathieWood #Crypto #Analysis