Ark Invest CEO Predicts Bitcoin Surge Amid Economic Recovery
- Ark Invest CEO Cathie Wood describes a three-year “rolling recession” due to Fed rate hikes.
- Wood believes the U.S. economy is emerging from this recession.
- Ark has set a 2030 bitcoin price target at $1.5 million.
Cathie Wood, CEO of Ark Invest, suggests that the U.S. economy is recovering from a prolonged recession caused by Federal Reserve rate hikes and forecasts bitcoin reaching $1.5 million by 2030.
Source (2.6)https://news.bitcoin.com/1-5-million-bitcoin-arks-cathie-wood-sees-golds-market-share-slipping/?rand=52384
