Cathie Wood sees BTC nearing a sharp rally as supply shifts to long-term holders

ARK Invest CEO Cathie Wood expects Bitcoin to enter a steep rally soon, The Bitcoin Historian reported. In an interview with Bloomberg, Wood said BTC would soon see a parabolic rise and that Bitcoin supply was moving from speculative investors to long-term holders. Wood added investors who understand this shift in market structure over the next three to five years would be rewarded.