Cathie Wood Raises Bitcoin Price Target, Says Institutions May Push BTC To This Astronomical Level: Report - The Daily Hodl (2024)

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Cathie Wood Raises Bitcoin Price Target, Says Institutions May Push BTC To This Astronomical Level: Report - The Daily Hodl? ›

According to a new report from Benzinga, Wood's latest prediction is that Bitcoin will soar to $3.8 million by 2030 if institutions decide to allocate slightly more than 5% of their portfolios to BTC. The new Wood prediction, made at a New York Investor Day in March, increases her previous prediction by $2.3 million.

If Bitcoin continues this pattern into 2030, the price could peak around 2029 or 2030. If Wood is correct and Bitcoin reaches $3.8 million, if you invested $1,000 in Bitcoin now, it would be worth $54,280 in 2030. This would result in a compounded annual growth rate (CAGR) of nearly 95%.

Wood spoke at an investor day in New York in March, noting that the price of Bitcoin could reach $3.8 million by 2030.

10 Years of Decentralizing the Future

Jack Dorsey believes the price of bitcoin could reach over $1 million by the end of 2030. His outlook aligns with that of other industry leaders, such as Cathie Wood, who predicted that bitcoin could go as high as $1.5 million by that time.

In its 2023 Big Ideas report, Ark Invest laid out several price targets for Bitcoin. The report sees Bitcoin hitting price targets in 2030 of $257,500 in the bearish forecast, $682,000 in an average market and $1.48 million in a bullish market.

After five years, the $50 investment might be worth around $67.20. If the price of Bitcoin were to climb at a rate of 25% each year, the initial investment of $50 might be worth around $129.70.

Ethereum (ETH) Price Prediction 2030

According to your price prediction input for Ethereum, the value of ETH may increase by +5% and reach $ 4,172.69 by 2030.

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.

How much will 1 Bitcoin be worth in 2040? ›

By 2040, the maximum price of the BTC Coin is projected to be around $5,69,240.60. Our average price forecast for Bitcoin is $5,57,632.74 in 2040. Conversely, if the market turns bearish, the minimum price level of BTC Coin could fall down to $5,42,838.40 by 2040.

Fidelity Predicts: $1B per 1 BTC by 2038 — 2040

Jurrien Timmer, Director of Global Macro at Fidelity Investments, predicts a staggering future for Bitcoin, suggesting that the value of a single Bitcoin could soar to $1 billion by 2038 to 2040.

If Ethereum is going to hit a new all-time high of $5,000 in 2025, here's what needs to happen. It's been a strange year for Ethereum (ETH -1.78%). The world's second-largest crypto exploded out of the gate early, soaring from $2,200 in January to $4,000 by mid-March.

By the year 2025, Ethereum is expected to reach the maximum level of $6,500 with a minimum of $ 4,500 and an average of $5,500. And by the year 2030, it is expected that it may go up to a maximum of $20,500. The current year will witness the Dencun upgrade, which is anticipated to positively boost the value of ETH.

Ethereum Forecast & Price Predictions - Key Takeaways

Ethereum price prediction 2024: while average consensus range from a conservative estimate of $2,500 to a striking $4,000 during the year, some still forecast that the expectations for an ETF approval and updates are already included in the price.

ARK Invest published a price prediction for Bitcoin, saying that Bitcoin could reach $1.48 million by 2030. Well, if that happens, you'll only need 1.08 Bitcoin, which would only cost you $75,000 today! If bitcoin does go this high, it will mean that your portfolio would have seen a 1328% increase.

Bitcoin Cash (BCH) Price Prediction 2030

According to your price prediction input for Bitcoin Cash, the value of BCH may increase by +5% and reach $ 694.50 by 2030.