ARK Invest CEO Cathie Wood Says Bitcoin Has Reached Bullish Turning Point
Cathie Wood, chief executive officer of ARK Invest, said Bitcoin has reached a bullish turning point.Cointelegraph reported on October 14 that Wood, discussing Bitcoin's future price trajectory, said she believes the cryptocurrency has hit an inflection point.The remarks suggest Wood expects Bitcoin's price trend to shift from a downtrend to an uptrend.She did not provide a specific price target or timeline for a further advance.