"Here's Why Crypto Bull Run Has JUST Begun" Cathie Wood Latest Bitcoin Prediction

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Watch Jamie Tree Video: "Here's Why Crypto Bull Run Has JUST Begun" Cathie Wood Latest Bitcoin Prediction.
"Here's Why Crypto Bull Run Has JUST Begun" Cathie Wood Latest Bitcoin Prediction

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Cathy Wood and Balaji agree on one thing - Bitcoin is going to hit $1 million dollars. However, what they disagree on is the time horizon in which it is going to get there. Cathy and her firm at ARK invest believe it will take 7 years with Bitcoin hitting $1 million dollars by 2030 as more and more institutions add it to their balance sheets and investors look at it as a safe haven asset.

Balaji on the other hand believes that due to the loss in faith in the banking crisis, & hyperinflation, Bitcoin will hit $1 million dollars in the next 90 days. He points out that every fiat currency in the history of the world has eventually been hyper-inflated into nothing, and Bitcoin can serve as an insurance policy and a flight to safety against the confiscation of wealth.

Overall, the conversation revolves around the potential for Bitcoin to reach $1 million in value and the different reasons behind how you can arrive at this forecast. Despite differing opinions and perspectives on the matter, Cathy and Balaji both agree that Bitcoin's value proposition is strong, and they seek to uncover the truth behind its potential for growth. Through their discussion, they highlight the importance of understanding market signals and the need for leaders and a central bank who can respect and respond to these signals appropriately.

About Cathie Wood:

Catherine Duddy Wood is an American investor and the founder, CEO and CIO of Ark Invest, an investment management firm.

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#Crypto #Bitcoin #Ethereum

Bitcoin and other crypto news, prices and info.

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Category: Jamie Tree
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