Cathie Wood, founder of Ark Invest, the company known for its Coinbase investments, said that it is behind the $1 million Bitcoin (BTC) price prediction.
Known for her long-time supporter of Bitcoin, Cathie Wood has once again managed to draw attention with her jaw-dropping price prediction. of CNBC Wood, who was a guest on the “Squawk Box” program, said that Bitcoin 2030 to the year much at least 600 thousand dollars said it would be. With the wind of the bull season for Bitcoin 1 million dollars reiterated its price target.
Wood attributed this price prediction to Bitcoin’s resilient nature and the downturn of macroeconomic money markets. A dollar-centered collapse Thinking that this will happen, Wood claimed that this situation will benefit cryptocurrencies, especially Bitcoin.
Bitcoin again safe harbor The founder, who described it as a ‘capitalist’, pointed out that the existing capitalist system was decaying. Wood, as a basis for this thesis, the events in the beginning of 2023. banking their bankruptcy suggested. Wood also stated that Bitcoin will reach 1 million dollars in 2030.
According to CoinGecko data, in the last 24 hours 3.6% depreciating Bitcoin, at the time of writing at $25,698 is being traded.