Cathie Wood has long been very bullish about the price of Bitcoin, but this time she has hypothesized a scenario that may seem excessively optimistic even to the most bullish investors.
His new hypothesis is that the price of Bitcoin could even reach $3.8 million, if institutional investors start investing heavily in it.
❖ CATHIE WOOD RAISES HER BITCOIN PREDICTION BY $2.3 MILLION
According to Wood, Bitcoin could go as high as $3.8 million if institutional investors were to begin investing heavily in it. While the analysis is likely correct, it is unlikely that institutions would put 5% of their… pic.twitter.com/Kc6bBBHNMP
— *Walter Bloomberg (@DeItaone) May 1, 2024
Cathie Wood’s hypothesis on the price of Bitcoin
Intervening at an investor day in New York, Wood recalled that last year they had already presented another bullish hypothesis, according to which BTC could have risen to 1.5 million dollars.
However, the SEC’s approval of Bitcoin spot ETFs, which
We współpracy z: https://en.cryptonomist.ch/2024/05/03/price-of-bitcoin-cathie-wood-launches-again/
