Bitcoin Price Prediction: Why Ark Invest’s Cathie Woods’ $1.25m Price Target Is Still Realistic

Bitcoin (BTC) has demonstrated that it continues to be the king of the crypto realm, as its yearly losses are less than half of what other altcoins have shed in 2026.

The top crypto has accumulated an 11% retreat after the latest pullback pushed it down to $77,000.

The $82,000 sell wall persists for BTC, but we still believe that it has a fighting chance to break that barrier and rise to $85,000 first and possibly to $100K if bullish momentum accelerates.

This week, the head of Ark Invest, Cathie Wood, revisited her long-term prediction for Bitcoin, stating that the token could be worth $1.25 million at some point in the future.

Cathie Woods Sees BTC Rising to $1.25M

During an interview with Fox News, Woods emphasized that this is their “bull case” and stated that this would involve a “generational wealth transfer” if it happens.

Woods believes that younger generations could see Bitcoin as a hedge against what they perceive as a “corrupt” fiat system, especially in emerging markets. She also mentioned “institutional adoption” as the most powerful driver for a higher valuation.

Despite the legendary investor’s comments, market participants have been pulling money out of Bitcoin exchange-traded funds (ETFs) in the past 6 days, according to data from Farside Investors.

In total, ETF withdrawals have climbed to $1.55 billion during this period, emphasizing a strong shift in sentiment compared to two weeks ago.

The Fear and Greed Index also reflects this change in the market’s behavior, as this gauge has come down from a recent high of 62 to 40, indicating that investors are once again in Fear mode.

We have been tracking for a while a weekly buy signal for BTC that has resulted in big gains in the past. Although we don’t have enough visibility to back Wood’s prediction, we do see BTC rising to $200,000 at least during the next bull market based on this signal.

For BTC, every time the weekly RSI has dropped to 30 or lower, the price has rallied over the next 6 to 18 months, making a new all-time high every single time. This has been a highly reliable buy signal that has accurately predicted two out of three times the token’s cycle bottom.

Bitcoin Could Quickly Rally to $100K if This Happens

Looking at the daily chart, we can see that the key resistance for BTC at this point is the 200-day exponential moving average (EMA). The price action rejected a move above this mark recently, as we predicted in a recent article.

This pullback was completely expected, as there’s probably a high volume of sell orders at that level from skeptics who don’t see this latest rally as a true recovery. For us, the crypto market is still unconvinced that this is something other than a bear market rally.

However, if the price breaks that barrier, the narrative could shift dramatically, and we could see BTC rising to $100,000 rapidly as a result of some fear of missing out (FOMO).

The Relative Strength Index (RSI) currently sits at 48, meaning that this rally is not yet over. The key support to watch right now is $77,000 – exactly where BTC is right now. Breaking below that mark could push the token to $72,000.

That would be the last line of defense for bulls. If it is broken, the odds of a retest of this cycle’s lows at $62,000 would increase dramatically.