Bitcoin Bullish Run Is Not Over, Ark Invest CEO Says We Are Only “Halfway Through”
Summary
Bitcoin's bull run is assessed by Cathie Wood, CEO of Ark Invest, who predicts it is halfway through, citing on-chain analytics. Wood anticipates a parabolic phase at the cycle's end, driven by institutional adoption and ETF interest. She forecasts $1.5 million per BTC by 2030, based on institutional decisions, BTC's potential as a Gold alternative, and its insurance-like nature. Wood's insights reflect confidence in Bitcoin's long-term potential.
