Back in April, legendary investor Cathie Wood of Ark Invest turned heads in the crypto world with a breathtaking Bitcoin price prediction of $1 million per BTC. That, of course, was before the market meltdown. Now, six months later, Ark Invest has reiterated its $1 million price target for Bitcoin. 

After running the numbers, the investment firm concluded that the three basic use cases for BTC support a future market capitalization of $28 trillion, or more than $1 million per Bitcoin.

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