'Cathie Wood': An Aggressive Approach Would Be Switching from Gold to Bitcoin Now, with Bitcoin's Optimistic Price Target at $1.5 Million by 2030

BlockBeats News, February 3 – Cathie Wood, CEO of asset investment management company ARK Invest, recently stated on the podcast *The Rundown* that the current price of gold relative to the M2 money supply ratio has reached a historic high, even surpassing levels seen during the high inflation period of the 1970s or the Great Depression of the 1930s (which corresponded to extreme monetary collapse or hyperinflation). However, the current macroeconomic environment is the opposite: monetary supply is expanding, the economy has not collapsed, and liquidity is abundant → gold has 'priced in the worst-case scenario/fear' and is in a phase of 'irrational exuberance,' making a pullback highly likely. Bitcoin, on the other hand, is different. It is still in its emerging stage. 'If I were an aggressive investor, I would choose to switch from gold to Bitcoin now.' Additionally, Cathie Wood reiterated that Bitcoin's optimistic price target by 2030 is $1.5 million.