Cathie Wood: Ready for the big market, Bitcoin is still bullish to $1.5 million

Comparing news, ARK Invest founder Cathie Wood said in an interview that Bitcoin is preparing for a new round of surge, and I am bullish that Bitcoin will eventually reach $1.5 million.

Cathie Wood has been sticking to Bitcoin's target price of $1.5 million, even though most people initially thought she had lost her mind. The core of how the ARK Invest founder built Bitcoin's bullish logic is mainly based on three pillars: institutional adoption, fixed supply, and Bitcoin's gradual transformation into a true digital store of value.

She has also stated many times that there is a specific catalyst that could significantly speed up the process of achieving this goal: the US government's purchase of Bitcoin.

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