Cathie Wood, founder and CEO of ARK Invest, has reaffirmed her bullish stance on Bitcoin, maintaining a $1.5 million price target by 2030. Speaking during a recent webinar, Wood characterized the current downturn as a temporary pause rather than the end of Bitcoin’s market cycle, noting that the cryptocurrency is only halfway through its four-year rhythm.

“This is not the end of the cycle; it’s a momentary slowdown.