Cathie Wood, the Founder and CEO of ARK Invest, has shocked the market once again, predicting Bitcoin will hit $1.5 million and saying the biggest BTC rally is still ahead.
Even as volatility wipes out $1 trillion and drives billions in outflows, she’s moving in the opposite direction.
So, what’s behind her bold prediction?
In a recent webinar, Cathie Wood made it clear that she sees the current fear in the crypto market as a temporary pause, not the end of the cycle. She believes Bitcoin is only “halfway through its 4-year cycle,” meaning the most explosive phase may still be coming.
Even though Bitcoin is finding it hard to move back above $100K, she said ARK’s long-term view has not changed. Earlier this year, ARK predicted that Bitcoin could reach $1.5 million by 2030 in its bull case, and Wood confirmed that this target is still the same.
She also noted that stablecoins have taken over some of Bitcoin’s old use cases, but gold’s strong performance this year helps balance that effect.
Cathive Wood believes that since the U.S. government shutdown ended, nearly $70 billion has already flowed back into financial markets. ARK forecasts that another $300 billion could enter over the next few weeks as the Treasury General Account is restored to normal levels.
Meanwhile, this potential wave of capital comes at a time when the Federal Reserve is preparing for a rate cut. On December 1, the Fed is expected to end its quantitative tightening program, which could help money flow back into markets.
According to her, once liquidity returns, both Bitcoin and AI-related stocks could see powerful recoveries.
She also rejected claims of an AI bubble, pointing to real growth, such as Palantir’s 123% jump in U.S. commercial revenue last quarter.
Other market watchers also expect a major rally once financial conditions improve. BitMEX co-founder Arthur Hayes recently suggested that Bitcoin could reach $250,000 if the Federal Reserve fully pivots toward easing.
But until Bitcoin climbs back above $91,047, analysts say conviction will remain limited. A breakout above that level, paired with supportive macro conditions, could open the door for a broad rebound.
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