Cathie Wood’s latest prediction: Bitcoin could hit $3.8 million
Jinse Finance reported that Cathie Wood said at the Bitcoin Investor Day conference in New York on Friday that under a bull market scenario, the price of Bitcoin could reach US$3.8 million, which is more than US$2 million higher than her previous prediction. Wood said that last year we predicted that Bitcoin would reach $1.5 million under a bull market scenario. The SEC gave institutions the green light, albeit with real reluctance, but the analysis we've done is that over time, if institutional investors allocate a little over 5% of their portfolios to Bitcoin, as we think That alone would add $2.3 million to the forecast I just gave you. Wood also said she expects the upcoming “halving” to have a similar impact to previous events.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Can the 40 billion bitcoin taken away by Qian Zhimin be returned to China?
Our core demand is very clear—to return the assets to their rightful owners, that is, to return them to the Chinese victims.

Bitcoin Surges but Stumbles: Will Crypto Market Recover?
In Brief Bitcoin fails to maintain its position above $93,000 and faces heavy selling pressure. Altcoins experience sharp declines, with some showing mixed performance trends. Shifts in U.S. spot Bitcoin ETF flows highlight cautious investor behavior.

Qubic and Solana: A Technical Breakthrough by Studio Avicenne
