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Cathie Wood: Get ready for the 'big rally' — Bitcoin still has a bullish target of $1.5 million

1 hours ago

ARK Invest founder Cathie Wood said in an interview, "Bitcoin is gearing up for a new rally, and I am bullish on it eventually hitting $1.5 million." Wood has long stood by her $1.5 million price target for Bitcoin, even when most people thought she had "lost her mind." The core of the ARK founder’s bullish case for Bitcoin rests on three key pillars: institutional adoption, fixed supply, and Bitcoin’s gradual emergence as a true digital store of value asset. She has also repeatedly noted that a specific catalyst could significantly accelerate progress toward this goal: the U.S. government purchasing Bitcoin.

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The ETH iron-headed bulls successfully completed a T trade and plan to submit another order to buy back 10,000 ETH.

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