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Cryptocurrency News Articles
Ark Invest CEO Cathie Wood's Bitcoin Price Prediction of $3.8 Million by 2030
Nov 22, 2024 at 04:55 am
Ark Invest CEO Cathie Wood has laid out several price targets for Bitcoin BTC/USD including a bull case of $3.8 million if more companies add the cryptocurrency to their balance sheet.
Ark Invest CEO Cathie Wood has shared several price targets for Bitcoin over the years, with her highest projection being $3.8 million if more companies add the cryptocurrency to their balance sheet. Benzinga recently asked readers if they thought Wood's highest price target could be reached by the year 2030.
The study was conducted by Benzinga from Nov. 14 through Nov. 15, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 156 adults.
The results were:
The poll found that only 17% of readers said that Bitcoin is likely to hit $3.8 million by 2030. The highest percentage of readers said Bitcoin will never reach the $3.4 million price target. The remaining readers see Bitcoin potentially hitting $3.8 million, but it will come after 2030.
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