When We Expect Bitcoin To Hit $1 Million | Cathie Wood

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When To Expect Bitcoin To Hit $1 Million | Cathie Wood

Yahoo! Finance interviewed Cathie Wood in an interview. Cathie Wood, Finance, made bold predictions about Bitcoin’s price in an interview with Yahoo! Cathie Wood has made it clear that she believes Bitcoin will reach $1M. However, she also gave a time frame. Bitcoin is currently trading at $40,500, up 1.7% in the past 7 days. Bitcoin has been trading sideways, generally in the $35-$45,000 range ever since the 50% drop in January 2022 from its all-time high of $66,6974 in October 2021. Although $1 million dollars seems like a distant goal, many analysts, pundits and talk heads believe that Bitcoin can reach a high six-figure figure to one million dollars per coin. Many believe that Bitcoin’s path towards $1Million is largely dependent on institutional adoption. However, Cathie has a different perspective.
Listen to the complete interview [Credits]
Cathie Wood discusses Elon Musk’s Twitter and why she believes bitcoin could reach $1,000,000, plus more
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