Odaily Planet Daily reports that Cathie Wood, founder of Ark Invest, shared her price forecast for Bitcoin over the next five years, with a base case target of $750,000 and an optimistic case target of $1.25 million.
Cathie Wood stated that key factors driving Bitcoin's price increase include the gold substitution effect, Bitcoin's characteristics as an "insurance asset," and continued institutional adoption. (Cointelegraph)

