Cathie Wood: Bitcoin’s Base Target Price is $750,000 in the Next Five Years, Bullish Scenario Reaches $1.25 Million
According to Odaily, Ark Invest founder Cathie Wood shared her price forecasts for Bitcoin over the next five years, with a base case target of $750,000 and an optimistic scenario target of $1,250,000.
Cathie Wood stated that the key drivers behind Bitcoin’s rise include its gold replacement effect, its function as an "insurance asset," and ongoing institutional adoption. (Cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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