This Crypto Has the Potential for 2,700% Growth, Says Cathy Wood

Cathy Wood is a famous analyst who has made many well-regarded predictions about cryptocurrency and stocks. She runs the Ark Innovation ETF that has been carefully invested into many fast-growing businesses.

So, when Cathy says that there is a cryptocurrency that has an incredible long-term upside and the potential to increase by 2,700%, people take notice and understand that she is not just making things up.

Her latest prediction is about Bitcoin (BTC), which has been having a lot of trouble lately and is staying below the crucial $60K mark. She says that Bitcoin could grow exponentially in a relatively short period of time, reaching $1.5 million.

Not only that, but she also expects that Bitcoin will grow by an additional $2.3 million in the future. These are incredible predictions that supersede a lot of what other analysts expect the coin to do.

Prediction Timetable

How long should investors expect to wait until those predictions are realized? Cathy says that by the end of 2023, we could see her far-flung price points actualized. That is only a few years away, and for those who are willing to invest now, that is an incredible return on investment. We are talking about just after the next election cycle, and then Bitcoin could be astronomically high.

Cathy is not the only supporter of a very high price point for Bitcoin in the next five or six years. Others have chimed in recently as well, like investor Tim Draper, who says that Bitcoin will hit $250,000 in the near future. It is coming “pretty soon”, he says, backing up his previous prediction of that same number for the coin.

With strong supporters giving incredible predictions like these for the coin, it is obvious that investors need to pay attention. Bitcoin, despite its current short-term struggles may surprise the market in the near future with a drastic upward explosion.