Famous Bitcoin bull Cathie Wood revealed her BTC price predictions after the SEC approved spot Bitcoin ETFs.
Speaking to CNBC's Breaking News program, Cathie Wood said:
“Our base case for Bitcoin price is in the $600,000 range.
We think the bullish probability increases with SEC ETF approval.
This confirmation is the green light for rise and rally.
At this point our BTC bull scenario is $1,500,000 by 2030.”
Although Bitcoin experienced a decline after the above-expected inflation data, it recovered again and is at $ 47,200 at the time of writing.
*This is not investment advice.
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Cathie Wood is wrong about everything. It’s surprising she is being quoted.