Bitcoin’s Crystal Ball Has a $5,000-to-$1 Million Range Post-FTX

  • Deep crypto rout and FTX’s fall leave nothing but uncertainty
  • Ark’s Wood says Bitcoin can hit $1 million but others see pain
WATCH: Cathie Wood says Bitcoin will come out of this crypto crisis smelling like a “rose.”Source: Bloomberg
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Pick a number and cross your fingers. Crypto naysayers who argue that’s the essence of Bitcoin prognostication are likely finding validation in the thick uncertainty shrouding the sector.

Over the past few days, long-term targets for the world’s largest token by market value have ranged from $5,000 at strategists BCA Research Inc. to $1 million by 2030 for Ark Investment Management’s Cathie Wood.