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MainNewsBitcoin: How...

Bitcoin: How Much Will $1,000 Make You if Cathie Wood’s Prediction Comes True?


by Watcher.Guru
Bitcoin: How Much Will $1,000 Make You if Cathie Wood’s Prediction Comes True?

Ark Invest CEO Cathie Wood is bullish on Bitcoin and has kept a target of $1.5 million for BTC. According to her prediction, Bitcoin may reach $1,500,000 by the end of 2030 delivering phenomenal returns to investors. Wood forecasted that BTC could touch $258,500 in a bear market, $682,000 in an average scenario, and $1.5 million in a bull market.

Also Read: BRICS: India Saves $7 Billion by Ditching U.S. Dollar For Oil Trade

Therefore, if you invest $1,000 today when Bitcoin is at $30130, how much money could you make if Cathie Wood’s prediction of a $1.5 million price target turns out to be true? In this article, we will highlight the numbers on BTC’s price forecast.

The Ark Invest founder purchased BTC at $250 a few years ago, with an investment of $100,000. The investment is now worth $12 million in July 2023. The same portfolio could balloon to $600 million if her prediction of $1.5 million BTC turns true. Read here to know more details about Wood’s BTC investment for a better and more in-depth understanding.

Also Read: XRP Could Reach an All-time High of $9, Predicts Analyst

Bitcoin: If You Invest $1,000, How Much Could You Make If Cathie Wood’s Prediction Comes True?

Cathie Wood's ARK Rumored to be at Forefront of Bitcoin ETF Race
Source: Investor’s Business Daily

Bitcoin is currently trading at $31,130 and an investment of $1,000 today can fetch you 0.033 BTCs. If BTC skyrockets by rallying hard in the indices and reaches $1.5 million, the 1,000 could balloon to new highs.

Also Read: Bitcoin: AI Predicts BTC Price For July 31, 2023

Source: Coingecko

If Bitcoin hits $1.5 million, as predicted by Cathie Wood, the $1,000 investment made today could turn into $49,500. That’s an uptick and return on investment (ROI) of about 4,850% from its current price.

Also Read: GTA 6: The $1 Billion Worth Game’s Release Date To Be Announced Soon?

Nonetheless, there is no guarantee that Bitcoin will climb above the $1.5 million mark by the end of the decade. The cryptocurrency markets are highly volatile and could dramatically swing both ways. At press time, BTC was trading at $31,130 and is down 0.6% in the 24-hours day trade. BTC is also down nearly 57% from its all-time high of $69,044, which it reached in November 2021.

Read the article at Watcher.Guru

Read More

Michael Saylor says Bitcoin will hit $21M by 2046

Michael Saylor says Bitcoin will hit $21M by 2046

Michael Saylor predicts Bitcoin will reach $21 million in 21 years.
Fidelity Highlights Bitcoin’s Ancient Supply Surge as Dormant Coins Outpace New Issuance

Fidelity Highlights Bitcoin’s Ancient Supply Surge as Dormant Coins Outpace New Issuance

Bitcoin’s ancient supply has officially outpaced new issuance for the first time, hig...
MainNewsBitcoin: How...

Bitcoin: How Much Will $1,000 Make You if Cathie Wood’s Prediction Comes True?


by Watcher.Guru
Bitcoin: How Much Will $1,000 Make You if Cathie Wood’s Prediction Comes True?

Ark Invest CEO Cathie Wood is bullish on Bitcoin and has kept a target of $1.5 million for BTC. According to her prediction, Bitcoin may reach $1,500,000 by the end of 2030 delivering phenomenal returns to investors. Wood forecasted that BTC could touch $258,500 in a bear market, $682,000 in an average scenario, and $1.5 million in a bull market.

Also Read: BRICS: India Saves $7 Billion by Ditching U.S. Dollar For Oil Trade

Therefore, if you invest $1,000 today when Bitcoin is at $30130, how much money could you make if Cathie Wood’s prediction of a $1.5 million price target turns out to be true? In this article, we will highlight the numbers on BTC’s price forecast.

The Ark Invest founder purchased BTC at $250 a few years ago, with an investment of $100,000. The investment is now worth $12 million in July 2023. The same portfolio could balloon to $600 million if her prediction of $1.5 million BTC turns true. Read here to know more details about Wood’s BTC investment for a better and more in-depth understanding.

Also Read: XRP Could Reach an All-time High of $9, Predicts Analyst

Bitcoin: If You Invest $1,000, How Much Could You Make If Cathie Wood’s Prediction Comes True?

Cathie Wood's ARK Rumored to be at Forefront of Bitcoin ETF Race
Source: Investor’s Business Daily

Bitcoin is currently trading at $31,130 and an investment of $1,000 today can fetch you 0.033 BTCs. If BTC skyrockets by rallying hard in the indices and reaches $1.5 million, the 1,000 could balloon to new highs.

Also Read: Bitcoin: AI Predicts BTC Price For July 31, 2023

Source: Coingecko

If Bitcoin hits $1.5 million, as predicted by Cathie Wood, the $1,000 investment made today could turn into $49,500. That’s an uptick and return on investment (ROI) of about 4,850% from its current price.

Also Read: GTA 6: The $1 Billion Worth Game’s Release Date To Be Announced Soon?

Nonetheless, there is no guarantee that Bitcoin will climb above the $1.5 million mark by the end of the decade. The cryptocurrency markets are highly volatile and could dramatically swing both ways. At press time, BTC was trading at $31,130 and is down 0.6% in the 24-hours day trade. BTC is also down nearly 57% from its all-time high of $69,044, which it reached in November 2021.

Read the article at Watcher.Guru

Read More

Michael Saylor says Bitcoin will hit $21M by 2046

Michael Saylor says Bitcoin will hit $21M by 2046

Michael Saylor predicts Bitcoin will reach $21 million in 21 years.
Fidelity Highlights Bitcoin’s Ancient Supply Surge as Dormant Coins Outpace New Issuance

Fidelity Highlights Bitcoin’s Ancient Supply Surge as Dormant Coins Outpace New Issuance

Bitcoin’s ancient supply has officially outpaced new issuance for the first time, hig...