Reported 3 days ago
Cathie Wood, the CEO of Ark Invest, is highly bullish on Bitcoin, predicting its price could skyrocket to $3.8 million by 2030, marking a potential increase of 3,890% from today's value. She attributes this optimistic forecast to increasing interest from institutional investors and the launch of spot Bitcoin ETFs that have facilitated easier access for funds. While Wood's target may seem ambitious, even a more conservative estimate predicts Bitcoin could reach $600,000, demonstrating substantial growth potential in the coming years.
Source: YAHOO