Cathie Wood's prediction is quite aggressive, starting at $750k by 2030. Is institutional FOMO really coming?

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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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