$BTC price predicted to reach $600.000
Cathie Wood CEO of Ark Invest predicts an unprecedented surge in Bitcoin's price to $600,000
Cathie wood emphasized the revolutionary nature of Bitcoin, stating that her firm's "base case" as of today is $600,000 to $650,000." in her interview with Yahoo! Finance, during which Wood discussed the potential of Bitcoin and the broader digital currency market.
As noted by Wood, Bitcoin's potential stems from its scarcity and the institutional interest it has garnered. "There will only be 21 million Bitcoin ever...and we think that institutions, if the SEC blesses a Bitcoin ETF, will feel like the coast is clear," she explained.
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