- Cathie Wood predicts Bitcoin could hit $1.5M by 2030, driven by institutional adoption.
- Over $66M in Bitcoin was liquidated in 24 hours, with long traders losing $56M.
- Bitcoin dropped below $100K, now trading around $95K, triggering market-wide liquidations.
The future of Bitcoin’s price has always been a fiery debate, but Ark Invest CEO Cathie Wood isn’t backing down from her ultra-bullish outlook.
Her latest prediction? $1.5 million per BTC by 2030. A wild target, right? Especially considering that $66 million worth of Bitcoin just got liquidated in the last 24 hours.
Bitcoin to $1.5M? Here’s Why Cathie Wood Thinks It’s Possible
Speaking in a recent YouTube interview, Wood reaffirmed Ark Invest’s stance: institutional adoption will be the rocket fuel for Bitcoin’s long-term growth.
“We actually think the odds have gone up that our bull case will be the right number, because of what is becoming the institutionalization of this new asset class.”
Ark’s Big Ideas 2025 report mapped out different Bitcoin price trajectories, depending on compound annual growth rates (CAGR):
- Best-case scenario (58% CAGR): BTC could soar to $1.5M in the next five years.
- Moderate growth (40% CAGR): A more conservative estimate puts BTC at $710K.
- Worst case (21% CAGR): Even then, $300K per Bitcoin isn’t out of reach.
Wood’s reasoning? Bitcoin’s risk-return profile is so different from traditional assets that more institutions will be forced to include it in their portfolios. Scarcity, demand, and mainstream integration could send prices parabolic.
Meanwhile, Bitcoin Traders Are Getting Wrecked
While long-term predictions are exciting, the short-term story is a whole different beast.
Bitcoin has been in whiplash mode, with $66 million liquidated in just 24 hours. The biggest losses? Long traders—who were betting on higher prices—took a massive $56M hit, while short sellers faced around $10M in liquidations.
Data from Coinglass shows that the sell-off wasn’t just a fluke. BTC tried to push past key resistance levels, failed miserably, and triggered cascading liquidations across major exchanges.
And here’s the big one—Bitcoin has now slipped below its historic $100K mark, currently trading around $95K.
In total, the crypto market saw $280.79M in liquidations, with Binance taking the biggest hit (36% of total losses), followed by Gate.io, OKX, Bybit, and HTX.
What’s Next?
So, does short-term volatility shake up the long-term picture? Not really.
For day traders, it’s brutal out there. But for long-term holders, Wood’s outlook suggests that today’s pain might just be a tiny blip in Bitcoin’s meteoric rise over the next six years.
