On February 3rd, as Bitcoin briefly fell below the $100,000 mark, ARK Invest, led by Cathie Wood, purchased approximately $65 million worth of Bitcoin through the ARKB ETF. This transaction occurred on February 3, 2026, and is seen by the market as a typical example of institutional “buying the dip,” injecting new confidence into the already volatile cryptocurrency market.
Recently, Bitcoin’s price has experienced increased volatility, and many investors remain uncertain whether the pullback signals a new downward trend. However, based on ARK’s actions, they are more inclined to view this adjustment as a long-term strategic opportunity. In the “Big Ideas” report, ARK maintains a high target price expectation for Bitcoin, believing that by 2030, Bitcoin could reach $1.5 million. The core logic includes: increasing global user penetration to 5%, and the scarcity effect brought about by the next halving cycle.
In ARK’s view, Bitcoin is not merely a speculative tool but a digital asset with long-term store-of-value properties. For this reason, short-term retracements provide a better entry point for accumulation. Meanwhile, continuous institutional demand during price declines is also seen as recognition of the network’s fundamentals and long-term narrative.
Of course, market opinions are not entirely uniform. Some analysts point out that Cathie Wood has made aggressive predictions in the past, cautioning investors to remain aware of risks. Nonetheless, it is undeniable that more and more institutions are participating in this asset class through Bitcoin allocations, strengthening its presence in the global financial system.
From a supply and demand perspective, Bitcoin’s total supply is fixed, with a clear long-term deflationary attribute. When institutional demand and retail interest rise simultaneously, its price elasticity also expands. ARK’s large purchase further consolidates the market expectation of “institutions bullish on Bitcoin,” making its future trend a focal point once again.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin hits weekly low on oil fears as analyst teases $10K BTC price target
Bitcoin (BTC) received a $10,000 price warning as stocks took a fresh hit over oil-supply fears at Thursday’s Wall Street open.
Key points:
$10,000 BTC prices may return as the market struggles to hold ground, says new analysis.
Bitcoin and US stocks take a further beating as markets
Cointelegraph41m ago
Fidelity Investments: Bitcoin testing long-term support—are bullish divergences signaling a potential base being formed?
Fidelity Investments’ chief macroeconomic officer, Jurrien Timmer, analyzes Bitcoin’s price action and believes it is finding support in the $65k to $70k range, showing strong technical signals. Bitcoin is currently at relatively low levels versus the power-law support line and the Golden Ratio Z-score, which could be setting up a bullish divergence. If it can hold steady, the market may correct and rebound, but investors need to watch out for inflation and liquidity risks.
ChainNewsAbmedia1h ago
Here's what 'cracking' bitcoin in 9 minutes by quantum computers actually means
Google's Quantum AI team said earlier this week that a future quantum computer could derive a bitcoin private key from a public key in roughly nine minutes. The number ricocheted across social media and spooked markets.
But, what does it actually mean in practice?
Let's start with how bitcoin
CoinDesk1h ago
Saylor calls for buying Bitcoin on Good Friday when BTC is around $67,000
Michael Saylor continues to urge Bitcoin purchases despite BTC trading around $67,000, below his average cost of $75,694. While facing mixed reactions, his long-term belief in Bitcoin remains firm, promoting accumulation during market corrections.
TapChiBitcoin1h ago
What does it mean that Bitcoin was “broken” by quantum computing in 9 minutes?
Google’s Quantum AI team said earlier this week that a future quantum computer could derive a bitcoin private key from a public key in roughly nine minutes. The number ricocheted across social media and spooked markets.
But, what does it actually mean in practice?
Let’s start with how bitcoin
TapChiBitcoin1h ago
Bitcoin Price Stagnation Signals a Massive Volatility Expansion Above the $71,000 Resistance Level
The cryptocurrency market stands at a crossroads, preparing itself for what will happen next. With the ongoing volatility of the financial landscape, Bitcoin (BTC) has reached a condition of essentially sideways movement, leaving both retail traders and institutional desks held up in anticipation of
BlockChainReporter4h ago
