Ark Invest founder Cathie Wood reiterated her Bitcoin price forecast for the next 5 years (2030) during an interview on Fox Business: a base case target price of $750k, and a bullish case target price of $1.25 million. She pointed out that the key factors driving Bitcoin's rise include the gold replacement effect, Bitcoin's safe-haven properties as an "insurance asset," and the continued adoption by institutional investors.

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DaoScraps
· 05-26 08:18
I've reviewed ARK's model; there are quite a few assumptions involved. Don't just look at the headline.
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PeacockSpreadsItsFeathersBut
· 05-26 02:09
Every time she calls a trade, it pulls back in the short term. This time, I'll wait and see.
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Don'tLetTheContractScamMyMom.
· 05-26 02:01
The narrative around insurance assets is indeed strengthening, especially during times of geopolitical instability.
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GateUser-94818fd0
· 05-26 01:59
I bet on the basic scenario; the bull market scenario requires too many coincidences to happen at the same time.
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ReefUnderTheMoonlight
· 05-26 01:57
Institutions find it most difficult to quantify this variable, and after the ETF, the growth rate has actually slowed down.
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FlamingoFrontView
· 05-26 01:46
Gold has a market value of 10 trillion, while Bitcoin is only 1 trillion; replacing just 10% is enough.
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StargazingWithAMirroredSphere
· 05-26 01:42
If I have 1.25 million, I would go all-in now and be financially free in five years.
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FiveMinutesBeforeLiquidation
· 05-26 01:42
Looking back after five years, this post will either be legendary or facepalm.
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NotYourExitLP
· 05-26 01:42
She didn't mention regulatory risks, which is the biggest black swan.
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