"Institutional Predictions: Bitcoin's Potential to Reach $3.8 Million"
TL;DR Summary
BlackRock and Fidelity have led a surge of bullish bitcoin price predictions, with famed stock picker Cathie Wood now betting on a $75 trillion market capitalization for bitcoin by 2030. The recent rise in the bitcoin price, fueled by spot bitcoin exchange-traded funds (ETFs) and institutional interest, has prompted Wood to increase her bitcoin price prediction to $3.8 million by 2030, representing a near-6,000% increase from the current price. Despite recent outflows from new spot bitcoin ETFs, traders are closely monitoring the upcoming halving event and advising caution amid potential market turbulence.
- BlackRock And Fidelity ETF Bombshell Triggers A Massive $75 Trillion Bitcoin Price Prediction Forbes
- Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target CoinDesk
- Cathie Wood: 'Financial superhighway' Bitcoin will hit $3.8m crypto.news
- Bitcoin Price: Why BTC Price Will Hit $3.8 million in 2030 CoinGape
- Cathie Wood doubles down on $1.5 million Bitcoin as institutional exposure looms CryptoSlate
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