Cathie Wood Raises Long-Term Bitcoin Forecast to $1.25 Million

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 hour ago

Explore Agentic TradingLet AI Trade for You

Forecast Upgrade: ARK Invest CEO Cathie Wood has raised her long-term Bitcoin forecast to $1.25 million, supported by ongoing institutional demand, with a base-case target of $750,000 over the next five years, indicating strong confidence in Bitcoin as a new asset class.
Market Share Competition: Wood highlighted that Bitcoin could capture market share from gold over the coming decades, particularly as younger investors inherit wealth, suggesting its potential appeal in emerging economies facing inflation and currency instability.
Market Capitalization Projections: According to ARK Invest's Big Ideas 2026 report, Bitcoin's market capitalization is expected to grow from approximately $2 trillion today to nearly $16 trillion, with an annual compound growth rate of about 63%, reflecting strong expectations for spot Bitcoin ETF demand and corporate treasury adoption.
Investment Strategy Reinforcement: ARK Invest recently purchased about $4.4 million worth of Bullish shares, further solidifying its crypto-focused strategy, despite ongoing market risks, including speculation about potential Fed rate hikes and volatility in global markets.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like BTC with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 0 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	70284.819	72287.209	74595.209	76597.599	78905.599	80907.989	83215.989
Fibonacci	72287.209	73933.778	74951.03	76597.599	78244.168	79261.42	80907.989

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Let AI Trade for You

Auto Trading Task on BTC?

Get Started Free