- BTC0%
- ARK0%
- ARK-0.67%
- catalyst+16.87%
- three-0.88%
BlockBeats News, August 22, ARK Invest founder Cathie Wood said in an interview, "Bitcoin is preparing for a new round of surge, and I am bullish that Bitcoin will eventually reach $1.5 million."
Cathie Wood has always insisted on a price target of $1.5 million for Bitcoin, even when most people thought she had "lost her mind." The ARK Invest founder's core bullish thesis for Bitcoin is based on three main pillars: institutional adoption, fixed supply, and Bitcoin gradually becoming a true digital store of value asset.
She has also stated multiple times that there is a specific catalyst that could significantly accelerate the achievement of this target: the U.S. government buying Bitcoin.
Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.
- CoinsPrice24H Change