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Cathie Wood stands by $1.5M Bitcoin prediction

lionhill 2025-02-15 03:56:38 ( reads)

Despite mounting Bitcoin ETF outflows that neared $500 million in three days, dip buying by large BTC holders may lead to an imminent market reversal.
 

Crypto investor sentiment continues to be pressured by global trade tensions between the United States and China, which resulted in nearly $500 million worth of outflows within three days, reinforcing analyst expectations of a forthcoming market bottom.

Despite some gloomy investor sentiment, ARK Invest’s Cathie Wood remains optimistic about Bitcoin’s trajectory to over $1.5 million by 2030, driven by continuing institutional adoption of the world’s first cryptocurrency.

Bitcoin price may reach $1.5 million by 2030 — Cathie Wood

Bitcoin’s chances of reaching $1.5 million are improving as institutional investors increase their exposure to digital assets, according to ARK Invest CEO Cathie Wood.

Bitcoin 

BTC 
$97,587

 has been trading under the key $100,000 level since Feb. 4, as investor sentiment has been pressured by global trade war concerns following import tariffs announced by the US and China.

 

Despite the temporary market slump, Bitcoin’s odds of surpassing $1.5 million a coin have increased, according to Wood. 

“Many people know us for our [Bitcoin] bull case, $1.5 million,” said Wood during a videopublished on Feb. 11, adding:

“We actually think the odds have gone up that our bull case will be the right number because of what is becoming the institutionalization of this new asset class.”

Bitcoin retail, ETF outflows mount to $494 million; analysts eye market bottom

Retail investors are increasingly liquidating their Bitcoin holdings amid increasing institutional outflows and global geopolitical tensions.

The number of Bitcoin 

BTC 
$97,587
addresses with a non-zero balance sank below 52.5 million, marking a five-month low last seen in September 2024, Glassnode datashows.

In comparison, the Bitcoin network boasted over 52.6 million such wallets on Jan. 20, when Bitcoin reached an all-time high of $109,000, Cointelegraph Markets Pro data shows.

However, most selling pressure stemmed from the US spot Bitcoin exchange-traded funds (ETFs).

The Bitcoin ETFs recorded more than $251 million of cumulative net outflows on Feb. 12, marking the third consecutive day of net negative outflows, amounting to $494 million, Farside Investors data shows.
Still, some analysts say the crypto market is setting up for a reversal, based on growing accumulation among large Bitcoin holders known as whales.

 

跟帖(4)

朝阳如沐

2025-02-15 04:53:37

诚实地讲, 木头姐的所有预言要是都成真的话,每个股民都被钱淹死了。 有多少股票木头姐的预言都是现在价格的10倍百倍?

lionhill

2025-02-15 05:18:50

决定自己做,从来不轻信任何人!

lionhill

2025-02-15 05:10:49

兼听则明 偏信则暗,仅作参考决定必须自己做.

沉默的老农民

2025-02-15 05:33:55

木头奶奶深知人性弱点。用巨大的,恐怖的目标价位,吸引人气。