Cathie Wood Is Doubling Down on Her Bullish $1 Million-Plus Bitcoin Price Target. Here's Why.

According to Cathie Wood of Ark Invest, Bitcoin is now on pace to hit the $1 million price point by the year 2030. In fact, if everything goes according to plan, Bitcoin might actually reach the $1.5 million price point. The biggest reason for optimism, says Cathie Wood, is growing institutional adoption of Bitcoin.