However, in the current bull market, these price targets are becoming increasingly modest. For example, on March 7, Kathy Wood stated that Arc Invest's long-term bitcoin price target is "well over $1 million."
That target was set before the SEC gave the green light, and I think that was an important milestone that accelerated the timeline," Wood said, referring to the SEC's approval of U. S. -listed #bitcoin mutual funds.
This article does not contain investment advice or recommendations. Any investment or transaction involves risk, and readers should do their own research and make their own decisions.
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