ARK Invest ‘neutral to positive’ on Bitcoin price as analysts await capitulation

Bitcoin (BTC) has a “neutral to positive” outlook despite staying below $20,000, according to ARK Investment Management.

In its latest “Bitcoin Monthly” report, the American asset management giant flagged signs that BTC price action is close to bottoming.

Wood: “We’re waiting for more capitulation signals”

One of Bitcoin’s most vocal supporters, ARK and CEO, Cathie Wood, have stuck with BTC exposure as the market continues to fall from all-time highs.

The latest Bitcoin Monthly release…


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