Bitcoin recently reached an all-time high of over $90,000, but ARK Invest CEO Cathie Wood remains optimistic about its future growth, predicting prices could hit $650,000 by 2030 in a base case and up to $1.5 million in a bull case.

Speaking on CNBC, Wood credited Bitcoin’s rising institutional adoption as a new asset class and anticipated regulatory clarity as key drivers of its momentum. She also noted that Bitcoin’s growth rate, now slower than gold’s, signals a strong bull market post-halving.

Wood’s predictions underscore growing institutional interest and the impact of regulatory shifts on Bitcoin’s trajectory. While optimistic, such forecasts depend heavily on global economic conditions and the pace of regulatory developments. Show Less