Cathie Wood doubles down on Bitcoin with bold $1.25M prediction
Cathie Wood has raised her long-term Bitcoin forecast to as high as $1.25 million, even as the cryptocurrency trades below key resistance levels during another period of macro uncertainty.Cathie Wood raised ARK Invests five-year Bitcoin target to $750,000 in its base case and $1.25 million in its bull-case scenario.ARK Invests Big Ideas 2026 report projected Bitcoins market capitalization could grow from $2 trillion to $16 trillion by 2030.Bitcoin traded near $77,000 as ETF outflows, Fed rate concerns, and U.S.-Iran tensions continued pressuring crypto markets. Speaking in a recent interview with Fox Business, the ARK Invest chief executive said institutional demand continues to support the firms long-term outlook for Bitcoin. Wood stated that ARK Invest now sees a base-case Bitcoin target of $750,000 over the next five years, while its bull-case scenario projects prices climbing to $1.25 million. According to Wood, pension funds, asset managers, and corporations are still in the early stages of allocating capital to Bitcoin. She described the cryptocurrency as a new asset class that institutional investors can no longer ignore if they want to improve long-term portfolio returns. At the same time, Bitcoin remains stuck near the $77,000 range after several failed attempts to reclaim the $80,000 psychological level. Data









