Cathie Wood, CEO of Ark Invest investment company, made more optimistic statements for the Bitcoin (BTC) bull and updated his million dollar forecast.
While talking about the current state of the cryptocurrency market, Cathie Wood told Bloomberg in bull season He guessed at the price he could reach. Previously, Bitcoin is in a possible bull 1 million dollars Suggesting that it will happen, Wood made a more optimistic prediction in his statement this time. Wood, raising his estimate 1.5 million dollars gave the target.
of bitcoin decentralized And transparent Emphasizing that its structure gives confidence, Wood said that such an investment tool right option for hedge mentioned that. The CEO has recently come to the fore with his statements that the price of Bitcoin can reach $ 1 million.
In addition, the US-based events that took place last March of the banking crisis He stated that he had increased his belief in this foresight. Thanks to Bitcoin investments to the crisis in 2008 He argued that a similar situation would not occur.
U.S. Securities and Exchange Commission with Ripple (XRP) (SEC) Referring to the lawsuit between the two companies, Wood stated that he is optimistic for Coinbase, especially after the SEC’s first court decision in favor of Ripple.
Ark Invest, in the short last 1 week COIN worth $88 million It was on the agenda by selling its shares.