Ark Invest CEO Cathie Wood predicts Bitcoin (BTC) to reach $1.5 million.
Speaking at a Bitcoin investment conference in New York, Ark Invest CEO Cathie Wood stood out with her statements about Bitcoin.
Describing Bitcoin as a “financial superhighway,” the CEO highlighted the important use cases of this technological product in emerging markets.
Wood emphasized the significant position of Bitcoin as both a store of value and for its blockchain infrastructure, setting a price target of $1.5 million.
Considering the macroeconomic structure, the experienced figure noted that major troubles could be clearly seen, underscoring Bitcoin as one of the most reliable havens within the financial system:
Bitcoin has a long way to go. It is one of the most solid and reliable havens in the financial system. Investors are realizing this. While the dollar loses value, reaching $1.5 million for Bitcoin is not impossible.
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