Cathie Wood, founder of ARK Invest, believes the post-October 10 crash bottom for Bitcoin may already be established as prices stabilize around $86,000.
Bitcoin price prediction metrics indicate institutions are positioned to lead the next bull cycle heading into 2026.
Institutions Now Hold Nearly 30% of Bitcoin Supply
Wood emphasized that Bitcoin represents a revolutionary global monetary system and asset class, functioning as institutions’ preferred gateway into cryptocurrency and deserving frontline status in institutional portfolios.
Glassnode data reveals institutions now control 29.8% of the total Bitcoin circulating supply. Public companies alone custody over 1 million BTC, U.S. spot ETFs hold 1.31 million, and exchanges maintain nearly 3 million BTC.
Despite Bitcoin trading beneath the Short-Term Holders’ realized price of $104,000, placing recent market participants under sustained loss pressure, institutions continue accumulating.
Just yesterday, Bitcoin advocate Michael Saylor’s MicroStrategy doubled down on its conviction, announcing another massive Bitcoin purchase worth nearly $1 billion.
In a Form 8-K filing dated December 15, MicroStrategy disclosed acquiring 10,645 BTC between December 8 and December 14, spending $980.3 million at an average price of $92,098 per coin.
Additionally, Eric Trump’s World Liberty Financial recently purchased 416 Bitcoin worth $38 million, expanding the company’s holdings to 5,000 BTC.
Bitcoin Price Prediction: Daily Chart Shows Early Stabilization Signs
Bitcoin’s daily chart displays price attempting recovery after a sharp corrective downtrend, with the market recently breaking above a short-term descending trendline.
This movement signals potential transition from bearish control to early stabilization, particularly as price maintains above the highlighted demand zone in the low-$80,000 region, which previously absorbed substantial selling pressure.
The most crucial overhead level sits at the short-term holders’ realized price near $104,000, aligning with prior range support turned resistance.
Source: TradingViewWhile Bitcoin trades below this zone, upside attempts will likely encounter supply from trapped buyers, restricting follow-through.
The RSI has risen from oversold conditions but stays below the 50 midpoint, suggesting improving momentum without a complete bullish reset.
This favors a scenario where price can advance toward the $92,000–$98,000 region near term, but a sustained bull run remains unlikely unless Bitcoin reclaims and maintains above $100,000–$104,000 on strong volume.
Maxi Doge Offers Investors 72% APY Ahead of Institutional Rally
Increased institutional buying could drive Bitcoin above $100,000 soon, and when this occurs, presale projects like Maxi Doge ($MAXI) would benefit from the massive demand surge.
Maxi Doge is an early-stage meme coin following the Dogecoin playbook that generated over 1000x gains in the years since its launch.
The MAXI presale has raised over $4.3 million and offers 72% annual staking rewards for those entering early at the current price of $0.000273 per token.
The project offers an alpha channel where traders exchange insider tips, share early trade ideas, and discover hidden opportunities to capitalize on the upcoming bull run.
To buy early, visit the official Maxi Doge website and connect a crypto wallet like Best Wallet.
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Visit the Official Maxi Doge Website HereThe post Bitcoin Price Prediction: Cathie Wood Says the Bottom Might Be In – Are Institutions About to Trigger the Next Bull Run? appeared first on Cryptonews.
