Ark Invest CEO Cathie Wood forecasts significant growth for Bitcoin by 2030. Robert F. Kennedy Jr. has also shown confidence in cryptocurrency by investing considerable funds.
Cathie Wood's Bitcoin Predictions
Cathie Wood told CNBC that Ark's base case forecast for Bitcoin by 2030 is $650,000. In a bullish market, the price could reach $1-1.5 million.
Bitcoin's Long-Term Potential According to Wood
Despite the substantial increase in Bitcoin's value since 2015, Wood believes that the cryptocurrency has a long way to go. She identified 'regulatory relief' in the US as a key factor for future momentum.
Robert F. Kennedy Jr.'s Support for Bitcoin
Robert F. Kennedy Jr. expressed his support for Bitcoin, describing it as 'the currency of freedom' and a hedge against inflation for the middle class. He stated that a significant portion of his wealth is invested in BTC.
Both Cathie Wood and Robert F. Kennedy Jr. see a promising future for Bitcoin, viewing it as a substantial asset in a changing economic landscape.
