Bitcoin is once again capturing headlines, not just for its price rally, but for a staggering new forecast. Ark Invest CEO Cathie Wood said in a recent podcast that Bitcoin could climb to $1.5 million in the next five years. That’s more than a 15x gain from current levels near $109,336, and it’s sparking fresh interest among retail and institutional investors alike.
Wood made her case during an episode of The Diary of a CEO, emphasizing that Bitcoin is evolving into a “new asset class”, one she likens to the early days of equity markets in the 1600s.
Her forecast isn’t based on hype, but rather on fundamentals: scarcity, security, and growing institutional interest. With nearly 20 million out of 21 million BTC already mined, supply is drying up—making each remaining coin more valuable by design.
Scarcity, Security, and Institutional Trust; Bitcoin Supported?
Bitcoin’s scarcity is central to its appeal. Unlike fiat currencies that can be printed endlessly, Bitcoin has a fixed supply of 21 million coins, and around 94% has already been mined.
At today’s prices, the remaining 1 million+ coins are worth over $100 billion. As availability shrinks, upward price pressure builds—especially if demand continues to rise.
Wood also highlighted Bitcoin’s impeccable security record: its base layer hasn’t been hacked since its inception in 2009. This unmatched track record makes it one of the most resilient systems in global finance.
It’s a point of confidence for institutions allocating capital, especially as crypto-related cybercrime draws regulatory scrutiny.
- Bitcoin price: $109,336
- 24H trading volume: $57.9B
- Market cap: $2.17T
- Circulating supply: 19.87M BTC
These fundamentals, according to Wood, underpin Bitcoin’s shift from an alternative currency into a strategic investment class.
Technical Set-Up: Is Bitcoin Ready to Break $110K?
Beyond macro tailwinds, Bitcoin price prediction seems bullish on the charts. After reclaiming the $106,737 breakout zone and the 50-period EMA near $106,339, BTC is now consolidating just below $110,668, a key resistance level.
Price is moving inside a rising parallel channel, with a series of spinning top candles suggesting a pause, but not a reversal. The MACD remains bullish, though its slope is flattening. A confirmed breakout could accelerate the next leg up.
Trade Setup:
- Entry: Above $110,700
- Target: $112,700, then $115,103
- Stop-loss: Below $108,600
Conclusion
Between Wood’s $1.5M long-term call and the bullish near-term structure, Bitcoin’s case for a breakout is strengthening. As long as BTC stays above $108,627, technicals favor the bulls—and institutional momentum may do the rest.
BTC Bull Token Nears $8M Cap as 58% APY Staking Attracts Last-Minute Buyers
With Bitcoin trading near $102K, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL). The project has now raised $7,032,776.85 out of its $8,011,104 cap, leaving less than $1 million before the next token price hike. The current price of $0.002555 is expected to increase once the cap is hit.
BTC Bull Token links its value directly to Bitcoin through two core mechanisms:
- BTC Airdrops reward holders, with presale participants receiving priority.
- Supply Burns occur automatically every time BTC increases by $50,000, reducing $BTCBULL’s circulating supply.
The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering:
The token also features a 61% APY staking pool holding over 1.73 billion tokens, offering:
- No lockups or fees
- Full liquidity
- Stable passive yields, even in volatile markets
This staking model appeals to both DeFi veterans and newcomers seeking hands-off income.
With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.
The post Bitcoin Price Prediction: Ark CEO Cathie Wood Sees $1.5M BTC Within 5 Years — Is She Right? appeared first on Cryptonews.
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