Cathie Wood: Bitcoin Base Case at $750000

Cathie Wood reiterated a $750000 base case for Bitcoin $BTC in fresh commentary released May 26.

Traders now weigh that long-term target against current price action at $76612.74. The 4h chart shows price holding below both EMA50 at $77178.88 and EMA200 at $77327.07, confirming the bearish trend structure. MACD prints a clear death cross at -2.91 while RSI sits neutral at 46.72, leaving room for further downside before any reversal.

Price remains inside the Bollinger Bands with upper resistance at $77922.77 and lower support at $75817.57. A test of the lower band appears probable before any sustained move toward Wood’s $750000 BTC price prediction materializes.