Cathie Wood Claims Bitcoin's Four-Year Cycle is Concluding Amid Rising Institutional Demand

Changing Market Dynamics: Cathie Wood suggests that rising institutional demand may disrupt Bitcoin's traditional four-year market cycle, leading to reduced volatility and smaller price drops, with recent declines limited to around 30%.

Current Market Activity: Bitcoin is trading near $94,000, showing increased market activity and a 4% price rise in a day, as investors await the Federal Reserve's decision on interest rates.

Bitcoin's Dual Role: Wood highlights Bitcoin's evolving role as both a risk-on and risk-off asset, indicating its utility during financial crises while also attracting more investors in a bullish market.

Comparison with Gold: Wood compares Bitcoin to gold, suggesting that while gold may slow down, Bitcoin could rise in value next year, especially as it approaches significant policy updates from the Federal Reserve.