Cathie Wood predicts Bitcoin's price over the next 5 years: a baseline of $750,000 and an optimistic forecast of $1,250,000.

CoinFeed reported on May 26th, citing Cointelegraph, that Cathie Wood, CEO of Ark Invest, outlined her five-year price forecast for Bitcoin, with a base case of $750,000 and an optimistic target of $1.25 million. She noted that the gold alternative narrative, Bitcoin's use as an insurance tool, and institutional adoption are key factors driving Bitcoin's price increase.