“Bitcoin Is On Track to Soar 2,426% to $2.4 Million” - Cathie Wood

In the updated $2.4 million forecast, Cathie Wood of Ark Invest thinks that Bitcoin could account for 6.5% of investment portfolios by 2030. That's an aggressive target because right now, the suggested allocation for Bitcoin is just 2%, and many risk-averse investors may be comfortable with only a 1% allocation to Bitcoin. But it's certainly within the realm of possibility.

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Show Notes / News Resources:
✔ https://x.com/CryptoNewsYes
✔ https://x.com/maxkeiser
✔ Bitcoin Technical Analysis: https://cointelegraph.com/news/stars-align-for-bitcoin-rally-to-100-k-but-futures-traders-exercise-caution-here-s-why
✔ Arizona governor vetoes bill to make Bitcoin part of state reserves: https://cointelegraph.com/news/arizona-bitcoin-reserve-bill-vetoed-by-governor
✔ Vitalik wants to make Ethereum ‘as simple as Bitcoin’ in 5 years: https://cointelegraph.com/news/vitalikbuterin-ethereum-simplification-bitcoin-inspired-redesign
✔ Max Keiser thinks bitcoin will stop Israel displacing Palestinians: https://protos.com/max-keiser-thinks-bitcoin-will-stop-israel-displacing-palestinians/
✔ Bitcoin bros at 'the club' may stop US gov’t from buying BTC: https://cointelegraph.com/news/arthur-hayes-bitmex-us-strategic-reseve-plans-doubts-bitcoin-bros
✔ “Bitcoin Is On Track to Soar 2,426% to $2.4 Million” - Cathie Wood: https://www.fool.com/investing/2025/05/01/bitcoin-could-soar-by-2426-over-the-next-5-years-a/

🔴 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptoNewsAlerts. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.