Cathie Wood: Maintain Bitcoin's target price of over $1 million within five years

PANews reported on August 12th that, according to CoinDesk, ARK Invest CEO Cathie Wood stated that ARK's bull market forecast for Bitcoin remains well over $1 million over the next five years. Wood stated that Bitcoin has become the primary entry point for institutions into the digital asset space and is gradually replacing gold as a store of value. She emphasized that ARK's view has not changed.

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