Cathie Wood, CEO of Ark Invest, reaffirms her optimistic Bitcoin (BTC) price target, despite market fluctuations. Speaking recently, Wood stated her bullish outlook, projecting a potential $1.5 million BTC valuation in a favorable scenario, remains firmly in place. Wood highlighted the potential for recovery driven by improved global liquidity and anticipated interest rate reductions. While acknowledging the growing influence of stablecoins potentially impacting Bitcoin's dominance, she believes the parallel surge in gold prices provides a balancing effect, reinforcing the overall positive outlook for Bitcoin. ```