“Wood Sister” (Cathie Wood) Maintains Bitcoin Target of Over $1 Million in Five Years
ARK Invest's CEO Cathie Wood has clearly stated that their bullish outlook on Bitcoin for the next five years remains "well above $1 million," emphasizing that ARK's position has not changed. Cathie Wood believes Bitcoin has become the "main entry point" for institutions entering the digital asset space, gradually replacing gold as a store of value.  
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Phemex News also mentioned in an article published on August 13 that Cathie Wood predicts Bitcoin will exceed $1 million in the next 5 years, reinforcing her clear stance. 
• Cathie Wood views Bitcoin as "digital gold," continuing to emphasize its strategic asset status for institutions, noting that this view is rock solid and unwavering. 
Summary: Core Views of Cathie Wood
1. Unchanged target: She insists on predicting Bitcoin will break $1 million at least in the next five years (around 2030).
2. Driving factors: The trend of institutional adoption continues to strengthen, with Bitcoin replacing gold as the preferred store of value for institutions.
3. Stable viewpoint: Despite market fluctuations, ARK's confidence in this prediction remains unaffected.
This article is not investment advice, please pay attention to investment risks!!!