Ark Invest announced its expectations for Bitcoin (BTC)! "Bear or Bull?"

The leading cryptocurrency Bitcoin (BTC) initially started on Wednesday with news that the US-China trade negotiations had been renewed, and after US President Donald Trump stated yesterday on Truth Social that a "significant trade agreement with a large and very reputable country" would be announced on May 8, it approached 100 thousand dollars.

At this point, Bitcoin and altcoin investors are expecting Trump to announce a possible trade agreement with the UK, and that BTC will exceed $100,000 following this announcement and potentially set a new record.

As expectations for a rise in Bitcoin continue, the Bitcoin bull Cathie Wood's company ARK Invest has released its Bitcoin report.

Ark Invest stated in its April 2025 Bitcoin report that Bitcoin outperformed the S&P 500 in April and continues to remain in a healthy phase of growth.

The report stated that despite the mixed signals from inflation, sentiment, and tariffs, BTC outperformed the S&P 500, rising by approximately 14%.

Ark Invest, addressing the declines in Bitcoin, stated that the correction rate remains below 30% and that Bitcoin is technically holding in a bull market.

Ark Invest stated that long-term investors have the highest level of unrealized losses since 2018 and hold approximately 3.5 million BTC, indicating that this is potentially an oversold market and that the uptrend is likely to continue.

Ark Invest stated that the market does not show signs of irrational exuberance and is in a healthy consolidation phase, maintaining a bullish outlook for Bitcoin and the cryptocurrency market.