Yahoo! News
npub12gl…agp2
2025-01-06 13:04:52
Author Public Key
npub12gl86kmf4x9fcvm5zpvnfjjz4gfjge09lzvhzvf8l77ggdfjj3wqjhagp2Published at
2025-01-06 13:04:52Event JSON
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"Cathie Wood Just Doubled Down on Her $1 Million Price Forecast for Bitcoin. Is She Right?"
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"Wood's prediction is based on the scarcity of Bitcoin, with a total lifetime supply capped at 21 million coins and 19.8 million already in circulation. She also highlights growing demand from institutional investors, governments, and retail investors, which she believes will drive the price up. Wood's original prediction was made when Bitcoin was emerging from the crypto winter of 2022, and she has since reiterated her forecast in a recent interview with Bloomberg."
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