Cathie Wood: BTC Price Could Reach $1.5M By 2030, WLFI Introduces ‘Macro Strategy’, Powell Says Banks Can Offer Crypto: Feb 13

As of February 13, 2025, Bitcoin is trading at approximately $97,527, reflecting a 2.06% increase over the past 24 hours. Ethereum is priced around $2,739.53, up 5.57% in the same period.

 Crypto Fear & Greed Index | Source: Alternative.me 

The Fear and Greed Index has risen to 50, indicating a neutral market sentiment. Bitcoin has remained below the $100,000 mark for the eighth consecutive day, experiencing limited whale accumulation and low volatility. Investors are monitoring key technical levels, with Bitcoin needing to reclaim $97,700 to regain momentum. Failure to hold support at $96,700 could lead to a decline toward $91,200.

Despite short-term challenges, long-term institutional interest in Bitcoin continues to grow. Cathie Wood, CEO of ARK Invest, predicts that Bitcoin could reach $1.5 million by 2030, citing increasing adoption among hedge funds and asset managers.

• Polymarket prediction: 41% chance that the U.S. will establish a national Bitcoin reserve by 2025.

• Cathie Wood: BTC Price Could Reach $1.5M By 2030

• WLFI introduced a strategic token reserve, “Macro Strategy,” supporting Bitcoin, Ethereum, and other crypto assets.

• Federal Reserve’s Jerome Powell Confirms U.S. Banks Can Offer Crypto Services

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BTC Price Analysis. Source: TradingView.

Bitcoin has spent 8 days below $100K, at the time of writing BTC price is $97,631.93. Market cap holds at $1.9T. Trading volume fluctuates between $30B and $40B daily. Volatility remains low, and investors are closely monitoring key resistance levels for a potential breakout.

Whales have not stepped in to drive prices higher. Currently, addresses holding 1K+ BTC stand at 2,050. This number dropped to a 1-year low of 2,034 on January 29 before rebounding slightly. The lack of strong accumulation signals hesitation among large investors, which has contributed to Bitcoin’s weak momentum.

For BTC to push toward $100.2K, it must first reclaim $97.7K. However, if Bitcoin fails to hold $96.7K, it risks dropping to $91.2K. The current range remains tight, and momentum is weak. Without strong institutional support, Bitcoin may struggle to break out in the near term.

Ichimoku Cloud Signals Market Indecision

BTC Ichimoku Cloud. Source: TradingView.

BTC hovers near the Ichimoku Cloud, showing no clear trend. The Kijun-sen (red line) and Tenkan-sen (blue line) remain close together, indicating weak momentum and a potential consolidation phase.

The cloud remains thin, meaning both resistance and support levels are weak. Recently, BTC dropped below the cloud, a move typically considered bearish. However, the forward-looking cloud remains neutral, failing to provide a clear directional signal. Furthermore, the Senkou Span A (green) and Senkou Span B (red) remain flat, reinforcing market uncertainty.

In addition, the Chikou Span (green line) hovers near price action, confirming indecision among traders. Low volatility continues to prevent a clear breakout. For BTC to establish a strong trend, the cloud must expand significantly. Until then, bulls and bears remain locked in a battle for control.

BTC Whale Accumulation Remains Weak

Number of addresses holding at least 1,000 BTC. Source: Glassnode.

Addresses holding at least 1K BTC dropped to 2,034 on January 29, marking a yearly low. Although whale addresses rebounded to 2,043 by February 6, they quickly dropped again. As of now, the number has only slightly recovered to 2,050, remaining far below previous highs.

Whales play a crucial role in market liquidity and stability. A decline in whale addresses signals weak accumulation, which reduces Bitcoin’s ability to maintain strong price support. Furthermore, fewer large investors buying BTC leads to decreased market depth, making price action more vulnerable to short-term traders.

If whale activity increases, BTC could gain stronger support at current levels. A move back above 2,100 whale addresses would signal renewed confidence among large investors and could help push Bitcoin higher. However, if whale accumulation remains stagnant, BTC will likely continue facing resistance at $97.7K, and the risk of a drop to $91.2K will increase in the coming weeks.

BTC Price Outlook: Can Bitcoin Reclaim $100K?

BTC’s Exponential Moving Averages (EMAs) remain bearish, with short-term EMAs sitting below long-term EMAs. This alignment suggests that downward pressure remains strong, and BTC will need a significant breakout to shift market sentiment.

Bitcoin is currently trading near $96.7K, a critical support level. If BTC drops below this threshold, it could test $91.2K, which would likely trigger further selling pressure. In contrast, bulls must defend this level to prevent an extended downturn.

If BTC successfully clears $97.7K, the next key target is $100.2K. A strong breakout above $100.2K could push BTC toward $102.7K, followed by $106.3K. However, without increased buying pressure, BTC risks continued consolidation below $100K, delaying any meaningful recovery.

Read more: Crypto Market Rebounds as Trump Delays Tariffs on Canada and Mexico

Bitcoin price targets 2030. Source: ARK Invest

Bitcoin has remained below $100K since February 4, with global trade tensions and macroeconomic concerns affecting market sentiment. Despite this, ARK Invest CEO Cathie Wood believes Bitcoin could hit $1.5M by 2030.

According to Wood, institutional interest in BTC has increased significantly. ARK Invest’s projection assumes a 58% CAGR over the next 5 years, driven by growing adoption among hedge funds, pension funds, and asset managers. Furthermore, as institutions continue to seek alternative stores of value, BTC’s appeal as a portfolio hedge strengthens.

For Bitcoin to reach $1.5M, its market cap would need to expand to $30T. Currently, Bitcoin’s market cap sits at $1.9T, meaning this would require a 1,500% increase. Institutions entering the market would need to absorb millions of BTC over the next 5 years, a shift that could significantly impact supply and demand dynamics.

Source: X

World Liberty Financial (WLFI) decentralized finance (DeFi) project has launched its Macro Strategy, a reserve aimed at strengthening WLFI’s financial position while supporting new investments.

WLFI initially reached its $300M token sale target but later extended the sale, adding 5B tokens at $0.05 each. This move raised an additional $250M, bringing total fundraising to $550M. Furthermore, the additional capital will support new DeFi initiatives and liquidity reserves.

The project also plans to bridge traditional and decentralized finance by establishing strategic partnerships with banks, hedge funds, and investment firms. This integration could improve mainstream adoption of DeFi technologies.

WLFI concluded:

“This initiative is more than just a strategic move; it is a testament to our unwavering dedication to innovation, collaboration, and the empowerment of our community. Together, we are building a legacy that bridges the worlds of traditional and decentralized finance, setting new standards for the industry.”

Read more: What Is Altcoin Season (Altseason), and How to Trade Altcoins?

Federal Reserve Chairman Jerome Powell confirmed that banks can offer crypto services without regulatory interference. During a recent House committee hearing, he emphasized that the Fed has no intention of restricting legally compliant crypto activities.

Powell also noted that Fed-regulated banks already engage in crypto operations. Furthermore, the Fed ensures that banks understand crypto risks but does not seek to block financial institutions from offering digital asset services.

Powell addressed concerns about the Silicon Valley Bank (SVB) and Signature Bank failures in 2023. While both banks had crypto exposure, he clarified that their failures were primarily due to poor risk management and long-term treasury losses. Regulators have increased scrutiny on mid-sized banks to prevent similar collapses. However, Powell reaffirmed that crypto itself was not the primary cause of these failures, indicating that digital assets are not inherently destabilizing to the financial system. 

At a House monetary policy committee hearing on February 12, Powell urged banks and the Fed to be "mindful" that crypto activities can be managed within financial institutions. He cited custody as one example and warned banks against overextending their offerings. He added:

“In fact, in Fed-regulated banks, there are a lot of crypto activities happening now. They just happen under a framework we [the Fed] made sure the bank understood, and we understood, exactly what they are doing.”

Read more: Eric Trump Predicts Bitcoin Will Hit $1 Million and Drive Global Adoption

Bitcoin remains locked below $100K as weak whale accumulation and low volatility continue to limit price movement. To break out, BTC needs to reclaim $97.7K and sustain momentum above $100.2K. Institutional adoption continues to grow, with ARK Invest predicting BTC could reach $1.5M by 2030. If financial institutions allocate just 1% of their $100T+ in assets, Bitcoin could surge past $500K. WLFI has expanded its $550M reserve, while the Fed has confirmed banks can legally engage with crypto, further supporting long-term adoption. If institutional interest accelerates, Bitcoin could reach new all-time highs before 2030.