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Buy low and sell high to take profits from price fluctuations
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Cathie Wood: Maintains Bitcoin target price of over $1 million within five years
PANews August 12 news, according to CoinDesk, ARK Invest CEO Cathie Wood stated that ARK's bullish expectations for Bitcoin remain well above $1 million in the next five years. Wood said that Bitcoin has become the primary entry point for institutions into the digital asset space and is gradually replacing gold as a store of value. She emphasized that ARK has not changed its stance on this view.