ARK founder: Bitcoin is expected to reach $560,000 in 5 years

On November 18th, Ark Investment ARK founder Cathie Wood stated that the influx of institutional investors will enable Bitcoin to reach US$560,000 per coin in the next five years. If “institutional investors enter Bitcoin and allocate 5% of their investment portfolio”, then by 2026, based on current levels, the value of Bitcoin will rise to approximately $560,000.

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Source and link to Reddit topic: ARK founder: Bitcoin is expected to reach $560,000 in 5 years

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November 18, 2021

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