Cathie Wood from Ark Invest said they still believe in Bitcoin but lowered their 2030 target from $1.5 million. The main reason is that stablecoins are doing the job they expected Bitcoin to do in emerging markets, specifically regarding savings and transactions. She thinks this removes about $200k to $300k from the bull case. She also noted that gold's performance usually happens before Bitcoin runs, so she sees that as a positive sign despite the recent drawdown.