Investment guru Cathie Wood has reaffirmed her bullish prediction for Bitcoin, forecasting a price surge of up to $1.5 million by 2030. This ambitious prediction comes from the latest report by ARK Invest, which highlights Bitcoin’s growing prominence as an asset class and predicts institutional investment will drive significant growth. According to Wood, Bitcoin’s limited supply (capped at 21 million coins) and its potential to outperform gold will fuel this surge. ARK Invest believes that Bitcoin’s increasing appeal to institutional investors will result in a shift away from traditional assets like gold and could impact financial markets significantly. This prediction might also force the regulatory landscape to adapt, as the influx of institutional investment may prompt legislative changes. Wood’s insights on Bitcoin’s technological advancement are expected to further fuel its adoption, solidifying it as a cornerstone of the digital asset ecosystem.