Cathie Wood explains why we are just entering into true Bitcoin growth and Adoption and predicts between a 200 and 400 thousand dollar Bitcoin in the next few years.
In this video, famous Investor Cathie Wood explains why she did not expect Institutional interest for Bitcoin to take off so fast and why it is INEVITABLE that Bitcoin will be added to all corporations balance sheet if they are to MAXIMISE returns and increase diversification. Cathie Wood makes a great point that looking at Google Trends, we didn’t even reach the speculative fervour we saw back in 2017 implying much more upside to come.
Make sure to stick around to the end of the video where I cover 2 BULLISH pieces of Bitcoin data that suggests higher prices in the medium term,
Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world’s largest actively traded ETF that focuses on disruptive technologies.
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TIMESTAMPS
0:00 Cathie Wood – “We didn’t expect this…”
2:47 Cathie Woods Bitcoin Price Prediction – (OVER 10x!)
3:53 BANKS allowed to custody Bitcoin (Banks can become Nodes)
4:59 Bitcoin VS every other asset class…
6:56 Bitcoin will need a $2 TRILLION dollar market cap for THIS to happen.
10:32 Is Bitcoin ready for institutions? Bitcoin should be BIGGER than Apple!
11:47 Two pieces of BULLISH Bitcoin Data! (Google Trends & SHORT INTEREST)
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