Cathie Wood Predicts Bitcoin Price of $1.5 Million, Van Eck Projects $3 Million by 2050

Cathie Wood, the CEO and CIO of ARK Invest, has made a bold prediction regarding the future of Bitcoin, stating that the cryptocurrency could reach a price of $1.5 million. This forecast has garnered significant attention across social media platforms. Wood's assertion aligns with broader discussions in the financial community about Bitcoin's potential as a reserve asset, a topic recently echoed by Van Eck, who projected a price target of $3 million for Bitcoin by 2050. These statements reflect a growing optimism about Bitcoin's role in the financial landscape.