Cathie Wood thinks Bitcoin is going to at least 10x from here. The Ark Invest CEO and CIO told Fox Business that her base case for Bitcoin is $750,000 and her bull case is $1.25 million, both within a five-year window ending around 2030.
For context, that base case alone would represent roughly a seven-fold increase from Bitcoin’s current price range. The bull case would make a single Bitcoin worth more than most Americans’ homes.
The three pillars of Wood’s thesis
Wood’s forecast isn’t built on vibes. She pointed to three structural tailwinds she believes will drive Bitcoin’s price over the next half-decade.
First: a generational wealth transfer. As younger investors inherit and accumulate capital, Wood argues they’re far more likely to treat Bitcoin as their preferred store of value over gold.
