"Wood Sister" Cathie Wood: Bitcoin has entered a mature stage; the era of an 85% crash is a thing of the past.

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Deep Tide TechFlow message. On April 3, according to Cointelegraph, Ark Invest founder “Wooden Cat” Cathie Wood said in a recent interview that Bitcoin has entered a mature stage, and that the 85%–95% drawdowns that were common historically are already becoming a thing of the past. She noted that even if future pullbacks reach 50%, they would still be viewed as “major progress” within the Bitcoin community. She believes Bitcoin has grown from an emerging technology into a “mature monetary system and asset class.”

In the previous cycle, Bitcoin had fallen from its roughly 69,000 U.S. dollar high point in 2021 by nearly 80%, with the lowest reaching 15,600 U.S. dollars. On-chain data platform Glassnode shows that the maximum drawdown in this bear market was about 52% (based on the October 2025 high of 126,200 U.S. dollars), and it has not yet reached the historical average level.

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