Is Bitcoin really going to reach 3.8 million dollars, or is it just a dream? //@Zeyou: My words about the monumental bull market in the A-shares, in Cathie Wood's eyes, are simply a small target for a shortsighted silly mouse (SLS) compared to her Bitcoin predictions [crying][crying]
【#Cathie Wood predicts Bitcoin could reach 3.8 million dollars#】Ark Investment Management founder Cathie Wood stated at the Bitcoin Investor Day event held in New York on Friday that in a bull market scenario, the price of Bitcoin could reach 3.8 million dollars, which is over 2 million dollars higher than her previous prediction. Wood said, "Last year we predicted that in a bull market scenario, Bitcoin would reach 1.5 million dollars. The SEC has given institutions the green light, even though it was somewhat reluctant. Our analysis shows that over time, if institutional investors allocate just a little over 5% of their portfolios to Bitcoin, as we believe, this alone would add 2.3 million dollars to the prediction I just gave you." Wood also mentioned that she expects the upcoming 'halving' to have effects similar to previous events. http://t.cn/A6TLzgNu