Cathie Wood Makes a Bold Prediction on Bitcoin: $1M by 2030
Ark Invest’s Cathie Wood isn’t shy about making bold predictions.
Yesterday Wood forecasted Bitcoin to hit $1M by 2030. That would be a 60x increase from its current price of ~$16.5K.
Here’s a collection of Wood’s famous calls:
1/ Tesla (NASDAQ:TSLA) to hit $4,600 by 2026 (~$1,533 adjusted for Tesla’s recent stock split). $TSLA is down nearly 42% since the call.
2/ Zoom (NASDAQ:ZM) to hit $1,500 by 2026. $ZM is down 35% since.
3/ Roku (NASDAQ:ROKU) to hit $605 by 2026. $ROKU is down 40% since.
4/ Block (NYSE:SQ) to hit $500 in one scenario by 2026. $SQ is down 62% since.
5/ Ethereum ($ETH) to hit $170-$180K per coin by 2030. $ETH is down 50% since.
To be fair, she did give timelines until at least 2026. @RemindMe_OfThis in four years.