Cathie Wood Maintains Bullish Bitcoin Outlook, Targets Range Between $650K and $1.5M by 2030

Cathie Wood, CEO of asset manager and crypto ETF issuer ARK Invest, has long maintained her bullish outlook on Bitcoin, and her recent comments reinforce her optimistic projections for the largest cryptocurrency.

Cathie Wood, the CEO of ARK Invest, has shared her price targets for Bitcoin (BTC) in an interview on CNBC’s Squawk Box.

According to Wood, ARK Invest’s targets for 2030 are between $650,000 and $1 million in a base case scenario, while in a bullish scenario, the targets are between $1 million and $1.5 million.

She also stated that her firm’s current targets for BTC fiyatı are between $250,000 and $400,000. As BTC’s price currently stands at around $90,000, Wood’s targets indicate that she expects at least a triple-digit percentage gain from the cryptocurrency’s all-time high.

Cathie Wood’s Bitcoin Price Targets, Trump’s Impact, And BTC’s Status As A Unique Asset Class – Analysis

Cathie Wood’s price targets for Bitcoin (BTC) in an interview on CNBC’s Squawk Box. According to Wood, ARK Invest’s targets for 2030 are between $650,000 and $1 million in a base case scenario. In a bullish scenario, the targets are between $1 million and $1.5 million.

She also stated that her firm’s current targets for BTC fiyatı are between $250,000 and $400,000. As BTC’s price currently stands at around $90,000, Wood’s targets indicate that she expects at least a triple-digit percentage gain from the cryptocurrency’s all-time high.

During the interview, Wood also touched upon several other topics related to Bitcoin and the broader cryptocurrency market.

She highlighted that ARK Invest was the first public asset manager to invest in Bitcoin, having done so when it was priced at $250 in 2015.

According to the asset manager, even at approximately $90,000, Bitcoin still has significant growth potential.

Moreover, she stated that Trump’s victory is pivotal as it signals a shift toward a more favorable regulatory environment for the cryptocurrency sector—an outcome she views as crucial for Bitcoin’s future.

Finally, Wood also noted that Bitcoin has become a unique asset class, distinct from traditional currencies.

She stated that this shift indicates that institutional investors and asset allocators are increasingly looking to include Bitcoin in their portfolios, recognizing its potential as both a store of value and a hedge against inflation.

At the time of writing, BTC's price is $90,120, still up 16% in the weekly time frame, despite the current retracement experienced over the past 48 hours.