Evolution of ARK Invest’s Cathie Wood BTC price predictions

Telo News
1 min readMay 2, 2024

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Cathie Woods predicts Bitcoin to reach $3.8m in 2030 from its prevous $2.3m target.

Cathie Wood shared her latest Bitcoin price prediction, saying it would reach $3.8m by 2030. This is up by $1.5m from her previous $2.3m prediction.

Here is a compilation of some of her predictions:

  • Dec 27, 2023 — Woods anticipated that the SEC would approve the spot Bitcoin ETF by Jan 10, 2024.
  • Feb 1, 2023 — Despite 2022 turnover, Ark Invest said Bitcoin will still hit $1m “in the next decade.”
  • Jan 24, 2023 — CEO Cathie Wood said the price of Bitcoin could hit $1.5m by 2030.
  • Feb 1, 2024 — Ark Invest said the price of Bitcoin could skyrocket to $2.3m by 2030.
  • Feb 6, 2024 — The Ark Invest CEO said Bitcoin would replace gold as a store of value during economic uncertainty.
  • May 1, 2024 — Cathie Woods raised previous estimates, saying Bitcoin will reach $3.8m by 2030.

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Telo News
Telo News

Written by Telo News

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