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Cathie Wood: Bitcoin is set to rise to $1.5 million by 2030

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2024-04-06 02:46:51
On April 6th, it was reported that HashKey Capital CEO DC and ARK Invest CEO and Chief Investment Officer Cathie Wood had a roundtable conversation at the opening ceremony of the Web3 Carnival in Hong Kong. When asked about the forecast for Bitcoin prices, Cathie Wood said, "I have been asked from different perspectives. Our forecast for 2030 is $1.5 million, which is our bull market forecast and now it is $66000. If I gave $600000 last year, we have added it to $1.5 million now because the SEC has given institutions a green light to issue BTC spot ETFs. The optimal allocation is that if 5% of institutions' assets are allocated to Bitcoin, the price will rise to $1.5 million."
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