Cathie Wood, CEO of ARK Invest, stated that the reduction in Bitcoin’s price by 50% from its all-time high in the current market cycle is evidence of the cryptocurrency’s maturity. She noted that in previous years, Bitcoin experienced significantly deeper corrections, reaching 85%-95% from its peak value.
This is reported by Business • Media
Current Bitcoin Dynamics: Analysis
During an interview with CNBC, Cathie Wood emphasized that the current decline in Bitcoin’s value to 50% of its ATH (approximately $62,500, considering a peak of $125,000) indicates the strengthening of the asset. She pointed out that the correction in early February 2026 only underscores this trend, as Bitcoin is currently trading at $66,600.
Wood believes that the decrease in Bitcoin’s volatility and its greater resilience demonstrate that this digital currency is no longer just an experiment but has transformed into a fully-fledged financial instrument. She highlighted that factors such as the launch of exchange-traded funds (ETFs) and institutional adoption of the asset are strengthening Bitcoin’s position in the market.
“Crashes of 85%-95% associated with a completely new technology are now in the past. This is a proven technology, this is a proven monetary system, and this is a new asset class.”
Other Experts’ Opinions on the Future of the Crypto Market
The analytical platform Glassnode confirms that the current correction of Bitcoin is about 52%, which is significantly less than in previous cycles when declines exceeded 80%. Such data indicate a rise in market maturity and resilience.
At the same time, expert Tony Severino believes that the current bearish phase has not yet reached its bottom and predicts a possible drop in Bitcoin of 72% from its all-time high — down to $34,000. Analyst Peter Brandt also suggests that the bottom of this cycle will be formed in the fall of 2026, and a new all-time high may be established only in the second quarter of 2027.
Thus, most experts agree that the decrease in volatility and less severe corrections indicate the strengthening of Bitcoin’s position as an asset. This confirms its role in the modern financial system and changes the approaches to risk assessment in the crypto market.