Bullish Bitcoin Argument Brought up by Ark Invest's Cathie Wood

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Bullish Bitcoin Argument Brought up by Ark Invest's Cathie Wood
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Cathie Wood supports Bitcoin with new bullish statement

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Meanwhile, Ark Invest is one of the companies with a spot Bitcoin ETF, named ARK 21Shares . According to BitMEX Research, today was the first time since January that this ETF faced an outflow bigger than that of Grayscale. The amount of $88 million in Bitcoin has For the first time since the ETFs launched on 11th Jan 2024, GBTC is NOT the product with the largest daily outflow

Echoing Andrew Sorkin’s take on the recent Bitcoin price rise, cryptocurrency trader and analyst Ali Martinez, who has gained popularity on the X/Twitter social media platform over the past few years, hasThe two charts that he published show that even the current Bitcoin pullback coincides with a similar move made by Nasdaq. In order to validate this pattern, the analyst stated, Bitcoin needs to make a swift recovery above the $69,000 price line.

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