Cathie Wood: Bitcoin base target of $750,000 in 5 years, bull case at $1.25 million

Odaily Odaily reports that Ark Invest founder Cathie Wood shared her Bitcoin price forecast for the next five years, with a base-case target of $750,000 and a bull-case target of $1.25 million.

Cathie Wood stated that key drivers for Bitcoin's rise include the gold substitution effect, Bitcoin's attributes as a "crisis insurance asset," and continued institutional adoption. (Cointelegraph)