Views that Bitcoin will no longer experience the severe crashes of the past are becoming increasingly widespread. Ark Invest CEO Cathie Wood has emphasized in recent weeks that, as institutional investors begin to accept Bitcoin as an independent asset class, this cryptocurrency has matured.

According to Wood, 85% declines are a thing of the past. These levels of crash in a new technological era are over because Bitcoin is now a proven system, a functioning monetary network, and a genuine asset class. As noted by financial analysis platforms like Finbold, this assessment marks an important turning point.

Last week, when Bitcoin traded around $77,000, Wood's comments drew attention in the market. She believes that even a 50% decline in 2026 will no longer be considered as dramatic as the 85-95% crashes of previous bear markets. The accumulation by institutional investors structurally supports Bitcoin's price stability.

Looking at Bitcoin's four-year halving cycle, the current price may be in a technically challenging phase. After reaching a historical high of over $126,000 last month, some on-chain analysis indicators suggest further declines could occur. However, demand through institutional ETFs also indicates that this potential bottom may have already formed.

Bitcoin, which closed the first quarter with a 22% decline, is interestingly expected by Cathie and other experts to recover in the second quarter. If the economic environment remains supportive, this recovery could happen. Similar optimistic scenarios are also presented in Finbold's reports. In short, whether Bitcoin's period of volatility is truly behind us will become clearer in the coming months.