Insane, Wood’s ultimate call on BTC—
Will Bitcoin rise to $1.5 million?
On August 22, in an interview, ARK Invest founder Cathie Wood said, “Bitcoin is preparing for another major surge, and I believe Bitcoin will ultimately reach $1.5 million.”
Cathie Wood has continued to insist on a $1.5 million target price for Bitcoin, even though most people at the time believed she had already “lost her mind.”
The core of this ARK Invest founder’s bullish Bitcoin thesis
Mainly based on three pillars:
Institutional adoption, a fixed supply, and Bitcoin gradually becoming a true digital store of value.