Cathie Wood forecasts BTC at $750K to $1.25M in five years

Ark Invest CEO Cathie Wood has offered a five-year price forecast for Bitcoin, with a base case of $750,000 and a bull case of $1.25 million, Cointelegraph reported. She cited its role as a substitute for gold, its function as a risk hedge or insurance asset, and growing institutional investment as the key drivers behind the forecast.