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Bitcoin price will hit $1.48 million by 2030, says Cathie Wood of ARK Invest

From thestreet.com

During an interview with ARK Invest CEO Cathie Wood on “Coin Stories,” Natalie Brunell asked the investor to elaborate on recent research from her firm that predicted the bitcoin price could reach $1.48 million in the next seven years. “I really want to hit that $1 million price prediction by 2030,” Brunell said, pointing to a chart illustrating three potential price target cases. “The bear case is $258,000 per bitcoin. The base case: $682,000, and the bull case: $1.48 million as your price target.” Elaborating on the factors that influenced her team’s research and drove those price targets, Wood explained that BTC’s ... (full story)

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  • Category: Fundamental Analysis