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The Economic Times
The Economic Times
Shreya Biswas

BTC USD price forecast: Why Cathie Wood predicts Bitcoin could reach $1.25 million by 2030 as ARK Invest sees massive institutional growth

Bitcoin (BTC USD) price prediction by Cathie Wood : Bitcoin continues to trade below its previous highs, but long-term believers in the cryptocurrency still see massive upside ahead. Among them is ARK Invest CEO Cathie Wood, who believes Bitcoin could climb far beyond its current price over the next several years as institutional adoption continues to grow.

Cathie Wood Predicts Bitcoin (BTC USD) Could Reach $1.25 Million by 2030

During a recent interview with Fox Business, Wood said ARK Invest’s base-case forecast sees Bitcoin reaching around $750,000 within the next five years, as per a report. In the firm’s bull-case scenario, Bitcoin could rise to nearly $1.25 million by around 2030, as per a Coincentral report.

Her outlook comes at a time when Bitcoin continues trading near the $77,000 range after struggling to reclaim the $80,000 level in recent weeks.

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Why ARK Invest Believes Institutional Investors Still Matter

According to Wood, institutional adoption remains one of the biggest drivers behind ARK Invest’s long-term Bitcoin forecast. She explained that many large investors, including pension funds, asset managers, and corporations, are still in the early stages of allocating money to Bitcoin.

Wood described Bitcoin as a relatively new asset class that may increasingly become part of long-term investment portfolios. She also pointed to the growth of spot Bitcoin ETFs, which have made it easier for professional investors to gain exposure to Bitcoin without directly holding the cryptocurrency, as per the Coincentral report.

ARK believes this growing infrastructure could support broader institutional participation over time.

Bitcoin Price Continues to Trade Below Key Resistance Levels

Bitcoin traded around $74,000 on Wednesday, and over the previous 24 hours, the cryptocurrency moved between roughly $76,000 and $77,000.

Despite ARK’s optimistic long-term forecast, daily trading volume weakened slightly, reflecting softer short-term momentum in the market.

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How Bitcoin Could Compete With Gold Over Time

Wood also said ARK Invest expects Bitcoin to increasingly compete with gold as a store of value. According to her, younger generations may be more willing to treat Bitcoin as a preferred long-term asset as wealth transfers over time, as per the Coincentral report.

This idea remains part of ARK’s broader thesis that Bitcoin could continue gaining importance inside traditional finance and investment portfolios.

Why Emerging Markets Remain Important to Bitcoin’s Growth

Another factor supporting ARK’s outlook is Bitcoin adoption in emerging markets. Wood said Bitcoin may continue attracting users in countries facing inflation, weak currencies, corruption, or unstable financial systems.

Meanwhile, ARK has adjusted some earlier assumptions surrounding crypto adoption. The firm previously lowered its bull-case Bitcoin target from $1.5 million to around $1.2 million partly because stablecoins have absorbed some demand in developing markets, as per the Coincentral report.

Dollar-backed stablecoins such as USDT and USDC are increasingly used by people seeking easier access to the US dollar.

ARK Invest’s Big Ideas 2026 Report Projects Massive Crypto Growth

ARK Invest’s Big Ideas 2026 report outlined a broader bullish outlook for digital assets. The report estimated Bitcoin’s market capitalization could rise from around $2 trillion today to nearly $16 trillion by 2030.

The firm also projected annual compound growth of roughly 63% through the rest of the decade. According to ARK, several factors could support that growth, including spot Bitcoin ETFs, corporate treasury buying, nation-state reserves, and Bitcoin’s possible use as settlement collateral in financial markets.

Beyond Bitcoin, ARK expects the wider digital asset market to grow from approximately $2.8 trillion to nearly $28 trillion by 2030, with Bitcoin, Ethereum, and Solana expected to remain among the leading networks, as per the Coincentral report.

FAQs

What Bitcoin price did Cathie Wood predict?

Cathie Wood said ARK Invest’s base-case forecast sees Bitcoin reaching around $750,000 by 2030.

What is ARK Invest’s bull-case Bitcoin target?

ARK Invest’s bull-case forecast puts Bitcoin near $1.25 million.

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