- Cathie Wood raised her forecast ARK Invest in Bitcoin for five years up to $750,000 in the base case scenario.
- According to the optimistic scenario, the coin could rise in price to $1,25 million.
- Institutional investors will be the catalyst for growth.
CEO of the company ARK Invest remains optimistic about Bitcoin’s future. In an interview with Fox Business, Cathie Wood stated that the flagship coin will rise to $750,000 in the next five years and exceed $1,25 million in the long term.
Wood’s Bitcoin forecast is based on growing institutional demand, as large investors can no longer ignore the leading cryptocurrency as an asset for their portfolios. She pointed to pension funds, asset managers, and corporations that are still “in the early stages of investing in BTC.”
Additionally, kriptovalyuta may continue to take market share from gold. The digital asset is popular with young investors and in emerging markets due to the instability of local currencies.
Wood’s forecast confirms report ARK Invest’s “Big Ideas 2026” project predicts that Bitcoin’s market capitalization could grow from nearly $2 trillion to $16 trillion by 2030. By that time, the combined value of all cryptocurrencies will reach $28 trillion.
Cathie Wood is known for her optimistic predictions regarding the flagship cryptocurrency. Previously, the editorial staff Happy Coin News Reported about her belief that BTC can become a hedge against deflation due to its decentralized nature and limited supply.
Risk Warning:
The information on this website is for informational and educational purposes only and does not constitute investment advice or financial recommendations. Cryptocurrencies and digital assets carry a high level of risk, including possible loss of capital. The editors are not responsible for decisions made based on the published materials. It is recommended that you conduct your own research (DYOR) before making investment decisions. Read the editorial policy. https://happycoin.club/about/