Cathie Wood, the CEO of ARK Invest and a prominent figure in the investment community, has publicly stated that she believes it is the right moment for investors to shift their portfolios by reallocating assets from gold into Bitcoin. She anticipates that this transition will be beneficial, particularly as Bitcoin approaches a significant breakout target of $1.5 million, indicating her confidence in the cryptocurrency's potential for substantial growth. Wood's commentary reflects her broader investment strategy, which emphasizes innovative technologies and digital assets as key components for future financial success.
source: https://blocknews.com/cathie-wood-says-its-time-to-reallocate-from-gold-to-bitcoin-before-a-1-5m-breakout-target/