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Cathie Wood Doubles Down: Bitcoin Price Target Revised Amid Market Frenzy

Cathie Wood Doubles Down: Bitcoin Price Target Revised Amid Market Frenzy

Author:
CoinTurk
Published:
2025-11-06 13:29:55
19
2

ARK Invest's CEO just reshuffled the crypto deck—and Wall Street's scrambling to keep up.

The Bull Case Gets Bolder

Wood's latest Bitcoin valuation model factors in institutional FOMO, ETF inflows, and that classic hedge against fiat debasement (because central banks never learn). Her team's new target? A number that'd make goldbugs sweat.

Why Traders Should Care

This isn't just another moon math prediction. The adjustment reflects concrete on-chain data—exchange outflows, miner accumulation patterns, and the quiet dismantling of 'overleveraged' short positions.

The Ironic Twist

Meanwhile, traditional finance giants now pitch Bitcoin ETFs to clients who mocked crypto in 2018—proving even bankers chase performance when commissions are at stake.

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This week, concerns over artificial intelligence companies surged amid headlines suggesting a need for government support. As this report was prepared, Trump’s AI official stated there would be no federal bailout for AI, while TRUMP simultaneously advocated ending the filibuster. These developments have raised questions about why Ark Invest CEO Cathie Wood adjusted her Bitcoin$102,540 target.

ContentsWood Lowers Bitcoin price TargetTrump’s Filibuster Declaration

Wood Lowers Bitcoin Price Target

Cathie Wood, the CEO of Ark Invest renowned for her support of cryptocurrencies, has adjusted her long-term Bitcoin price target. Despite being a major proponent of the cryptocurrency even during bear markets, she lowered her 2030 forecast from $1.5 million to $1.2 million. Wood emphasized in an interview that the rapid growth of stablecoins has begun to encroach on Bitcoin’s intended role in the market.

Speaking on the Squawk Box program, Wood noted, “Stablecoins have taken on part of the role we expected Bitcoin to play, potentially reducing our bullish scenario by about $300,000.” She added that Bitcoin exceeds gold in several ways, asserting it could someday match half of gold’s market value.

CNBC Broadcast Wood

Trump’s Filibuster Declaration

Discussions on the filibuster have been extensive this week. This political maneuver, involving lengthy debates to delay legislative decisions, is under scrutiny. Trump advocates for a simple majority of 51 votes to pass laws, aiming to implement his agenda in the final three years of his term. However, some Republicans oppose this, fearing negative repercussions if Democrats regain control in future presidencies.

Following significant losses in key municipal elections, Trump attributed the decline in votes to the shutdown, blaming Democrats. He rallied Republicans, stressing the urgency of ending the filibuster to usher in favorable changes.

Trump expressed on his Truth Social account, “Democrats, when they seize ‘control,’ will end the filibuster in the FIRST HOUR. Republicans must act NOW to experience the greatest three years in history!”

In parallel, Trump’s AI advisor addressed recent discussions on offering financial support to AI companies, categorically denying any plans for a federal rescue package.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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