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Cathie Wood Predicts Bitcoin Could Reach $1 Million by 2030: Factors For and Against

June 20 (Cointime) - Cathie Wood, CEO of Ark Invest, has predicted that Bitcoin could reach $1 million by 2030, which would be a 40x increase from its current price of around $25,000.

This prediction is supported by the increasing acceptance of Bitcoin by mainstream institutions, such as Tesla and Square, which could lead to increased demand and drive up its price.

However, Bitcoin's volatility and competition from other cryptocurrencies could work against this prediction. Other factors that could impact the price of Bitcoin include government regulation, technological innovation, and mass adoption.

Bitcoin Bitcoin $92,699.33
-5.68%
Cathie Wood Bitcoin
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