Ark Invest CEO Cathie Wood is among the prominent voices calling for the price of leading cryptocurrency Bitcoin (CRYPTO: BTC) to trade higher in the coming years. Wood recently announced a new projected price target for Bitcoin in 2030. Speaking at a recent conference, Wood said Bitcoin could hit a price of $3.8 million by the year 2030. The new estimate, which is ahead of her previous bullish price target of $1.48 million, comes based on institutional adoption. Here’s a look at how a small investment in Bitcoin today could increase over time based on her bullish take. Following Wood Into Bit…
