Cathie Wood, ARK Invest’s founder, forecasts Bitcoin could reach $1 million within five years. She highlights institutional adoption and Bitcoin’s role as a digital store of value. This prediction builds on Bitcoin’s fixed supply and its appeal to investors seeking alternatives to gold.
Moreover, recent market trends show Bitcoin trading near $118,652 after recovering from corrections. Institutional interest is growing, with platforms like Coinbase and Robinhood expanding into crypto.
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