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What’s your take on Cathi Wood’s Bitcoin to $1 million prediction?

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by COINS NEWS 154 Views

Cathi Wood came out recently with a bold prediction that Bitcoin will reach $1 million and Ethereum will reach $180k by 2030.

Tracking bitcoin’s exponential growth in the last 13 years, it’s not out of the realm of possibility. And if Ethereum is the silver to Bitcoin’s gold, it can hit that as well.

And it’s not just Cathi Wood either. There are a lot of extravagant predictions flying around. From Citi to JP Morgan, other predictions include Cardano going to $25-$60 by 2030 and the NFT sector to hit $1 trillion. Also, for adoption to reach 5 billion crypto users by 2030.

These are quite the optimistic numbers but keeping in mind Eth’s first halving could be this June, and that Bitcoin moves in 4 year cycles, how plausible are these claims?

What’s your take and do you buy these numbers?

submitted by /u/hearsdemons
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