Reported 16 days ago
Cathie Wood of Ark Invest believes Bitcoin is primed for significant growth, with a potential surge of 6,350% to reach $3.8 million per coin. Wood suggests that institutional investment in Bitcoin is just beginning, particularly with the introduction of spot Bitcoin ETFs, which could greatly increase demand. Despite challenges and the need for long-term adoption in the market, Bitcoin's relatively fixed supply positions it for price appreciation as more investors diversify their portfolios with cryptocurrencies.
Source: YAHOO