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Author Topic: Cathie Wood forecasts that Bitcoin will be worth $1 million.  (Read 119 times)

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  • Cathie Wood forecasts that Bitcoin will be worth $1 million.
    « on: November 24, 2022, 07:23:00 AM »
    Cathie Wood, the founder, CEO, and CIO of Ark Invest, is still optimistic about the price prediction for bitcoin despite its ongoing decline.
    Due to FTX's recent drop, there is further selling pressure on the worldwide cryptocurrency market. The price of Bitcoin, the biggest cryptocurrency in the world, has dropped significantly by 65% so far this year. The founder of Ark Invest, Cathie Wood, is still optimistic about the price estimate for bitcoin despite its ongoing decline.
    Bitcoin to reach $1 million in price?
    Cathie Wood clarified her viewpoint on forecasting the price of bitcoin in an interview. Wood argued that She would stick to her prediction that the price of a single Bitcoin would reach $1 million by 2030.
    According to Cathie Wood, the market occasionally needs to go through a crisis or a battle test in order to determine what is true. It's crucial to observe the survivor in the aftermath, though. Infrastructure in the market has to be examined.
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