Bitcoin plunged nearly 50% from its October 2025 peak of $126,080. Now hovering around $66,600. A brutal hit. Yet Cathie Wood sees victory. The ARK Invest CEO called it a ‘real victory’ for the Bitcoin community during a recent CNBC Squawk Box appearance. ‘This is a proven technology, it’s a proven monetary system, and it’s a new asset class,’ she said, dismissing the era of 85% to 95% drawdowns as over. Those shocks marked Bitcoin’s wild youth. No more. Volatility has eased about 30% since 2018, Wood noted. Institutional players like BlackRock and Fidelity have poured in via spot ETFs for over two years. Low correlations to stocks, bonds, or gold help stabilize the ride. The current correction? A sign of strength, not frailty. Bitcoin holds ground better than in past cycles—75% drops in 2022, 80% in 2018-2019, even 90% back in 2011. ARK knows this terrain intimately. Wood’s firm grabbed Bitcoin exposure in 2015, when prices sat under $500.…