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Female stock goddess Cathie Wood Bitcoin target price in 2030 i

Date:2024-05-21 19:51:46 Channel:Trade Read:

Amid the frenzy of digital currency, stock goddess Cathie Wood exudes her unique light. She boldly predicted that by 2030, the price of Bitcoin will soar to $3.8 million. This astonishing prediction aroused huge attention and heated discussion in the market. Cathie Wood's views are highly respected, and her remarks are like a bombshell, shaking the entire financial world. Let’s delve into it together and see what kind of logic and possibilities lie behind this female stock god’s prediction.

Cathie Wood’s opinion is not just a prediction, but also a profound insight into the future development trend of digital currency. In today's digital wave, Bitcoin has become a highly sought-after digital asset. Its unique decentralization characteristics and scarcity give it huge investment potential. As the global economy continues to develop and the digital currency market matures, Bitcoin's status as a safe-haven asset and store of value will be further consolidated. Cathie Wood’s prediction may not be far-fetched, but an accurate prediction of future trends.

In the past few years, the price of Bitcoin has experienced wild fluctuations, ranging from a few dollars to tens of thousands of dollars, and market uncertainty has become a major problem in the minds of investors. However, with the gradual influx of institutional funds and the gradual clarity of the regulatory environment, the Bitcoin market will usher in a more stable and mature development. Cathie Wood’s prediction is not just a number, but also a confidence in the future development trend of Bitcoin. She believes that Bitcoin will become a global store of value and its price will continue to rise as market demand continues to grow.

In addition to the technical and market factors of Bitcoin itself, the macroeconomic environment will also have an important impact on the trend of Bitcoin prices. As global inflation intensifies and the traditional financial system becomes turbulent, investors' demand for safe havens in traditional assets is increasing, and Bitcoin, as a decentralized digital asset, will become one of the first choices for investors. Cathie Wood’s prediction is based on a deep understanding of the global macroeconomic environment and forward-looking insights into the digital currency market. She believes that Bitcoin will play a pivotal role in the future digital financial system.

In general, female stock goddess Cathie Wood’s prediction of the future price of Bitcoin has attracted huge attention from the market. Her view is not only a prediction, but also a profound insight into the development trend of the digital currency market. As the global wave of digitization continues to advance and the Bitcoin market becomes increasingly mature, Cathie Wood’s prediction may not be out of reach. As an emerging digital asset, Bitcoin’s future potential and value cannot be ignored, and Cathie Wood’s prediction also gives us confidence and expectations for the future of digital currency. Let us wait and see and witness the glorious moment of Bitcoin!

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


Coin Circle (120btC.coM): Cathie, the founder of ARK Invest, known as the "Female Stock God"
Wood has been optimistic that Bitcoin will exceed $1 million in 2030 many times in recent years.

As the Bitcoin spot ETF was approved for listing in the United States at the beginning of the year, pushing Bitcoin to start a new bull market, she raised the BTC target price to an astonishing US$3.8 million today, which is equivalent to nearly 60 times higher than the current price of US$64,523!

According to "Business Insider", Cathie
Wood said at the Bitcoin Investor Day Summit in New York today (23rd) that Bitcoin spot ETFs will lead to large demand from institutions and higher portfolio allocations. She will significantly increase the target price of US$1.5 million updated in January. An increase of $2.3 million.

 Female Stock God: Bitcoin’s 2030 target price is $3.8 million

She said that massive institutional demand and a higher portfolio allocation (as little as 5%) can significantly push BTC prices higher.

“Last year we made a bullish case for Bitcoin with a price target of $1.5 million. The SEC had given the green light to institutions. The basis of the analysis we did was based on where institutional investors would allocate their portfolios. A little over 5% for Bitcoin, which alone would add $2.3 million to the price forecast I gave you earlier.”

This month, Wood said in an interview that she believed the initial target of $1 million in 2030 was too conservative and raised the target price to $1.5 million. In February, Ark Investment was optimistic in its annual report that under the best-case scenario, if 19.4% of the world's investable assets of US$250 trillion were allocated to Bitcoin, the price of Bitcoin would reach US$2.3 million.

 Optimistic about April halving becoming a price catalyst

Sister Mu also pointed out at the meeting that she expects the fourth halving in April to have a similar bullish effect as the previous halvings. In the 12 months after the three halvings in 2012, 2016 and 2020, the price of Bitcoin increased by 8069%, 284% and 559% respectively.

Wood expressed his confidence in Bitcoin at the meeting, hailing Bitcoin as the "financial highway" and emphasizing its importance to emerging markets.

“We think Bitcoin still has a long way to go, and we’re in the beginning stages of truly building an internet-native financial ecosystem and disintermediating fee earners.”

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