Cathie Wood Has Said That Bitcoin Will Hit $1.5 Million
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- ARK Invest projects Bitcoin to reach $1.5 million by 2030 based on institutional inflows and fixed supply dynamics.
- As of May 2025, Bitcoin trades above $103,000, supported by post-ETF approval demand and on-chain accumulation.
- Additional forecasts from SkyBridge, Unchained Capital, and InvestingHaven suggest $200K–$1M Bitcoin targets within the decade.
Cathie Wood, CEO of ARK Invest, stated again in May 2025 that Bitcoin could reach $1.5 million by 2030. She confirmed the forecast in a CNBC interview dated May 9, 2025. ARK Invest’s models include a base-case projection of $700,000 for Bitcoin, with the bull-case target being that $1.5 million figure. These scenarios consider Bitcoin’s fixed supply, institutional investment trends, and the growing financial infrastructure supporting Bitcoin.
Bitcoin Trades Above $103,000 in May 2025
As of May 19, 2025, Bitcoin trades at $103,559 on the 4-hour chart from Bitstamp, according to TradingView data. The price opened the day at $102,958 and reached a high of $103,790 before closing at $103,559, showing a daily increase of 0.54%.
The chart also shows that Bitcoin…
The post Cathie Wood Has Said That Bitcoin Will Hit $1.5 Million appeared first on Coin Edition.
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