Cathie Wood: Bitcoin’s $90K Journey is Far From Over

Despite Bitcoin’s recent price action, renowned investor Cathie Wood of ARK Invest remains bullish. In a recent interview, Wood emphasized that Bitcoin still has significant upside potential, asserting that the current price point of around $90,000 represents only a fraction of its true value. She underscored the importance of regulatory clarity in unlocking Bitcoin’s future growth, highlighting potential positive impacts from recent governmental shifts. This anticipated regulatory relief, Wood argues, will serve as a significant catalyst for Bitcoin adoption and price appreciation, paving the way for even more substantial gains in the years to come. The path to widespread institutional acceptance, according to Wood, is directly tied to a favorable regulatory environment, fostering increased investor confidence and unlocking further market potential.