According to Coinpedia, Cathie Wood, founder and CEO of ARK Invest, remains bullish on Bitcoin, reiterating her prediction that the asset could reach $1.5 million by 2030. Wood stated in a recent webinar that Bitcoin is only halfway through its 4-year cycle and that the most explosive phase may still be ahead. She also highlighted that nearly $70 billion has already flowed back into financial markets since the U.S. government shutdown ended, with ARK forecasting an additional $300 billion could return as the Treasury General Account normalizes. The Federal Reserve is expected to end its quantitative tightening program on December 1, which could further boost market liquidity and support a Bitcoin rally.
Cathie Wood Predicts Bitcoin Could Reach $1.5M by 2030 Amid Liquidity Recovery
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