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Cathie Wood and her firm ARK Invest in their latest 2023 Big Ideas Research Report predict in their Bull case that Bitcoin is going to over 60x in price over the next 8 years by 2030 and hit a price of …. wait for it – $1.48 Million Dollars per coin.
In this video we are going to go over exactly what Cathie Wood and her team of analysts at ARK invest said in their research report about not only Bitcoin, but also why they believe that the Crypto Market Cap as a whole can increase 25x over the next 8 years.
But before we dive right into the research first: if you are looking at getting into Cryptocurrency, the largest crypto exchange, Binance is doing a $600 Welcome Offer for all new users, all you have to do is click on the first link in my description, sign up and complete KYC to qualify.
So Cathie Wood explaining why her conviction has never been so high and in her words – her estimates of a $1 Million dollar Bitcoin are actually Conservative… but let’s jump into the actual research report and see what they’re saying:
“Bitcoin – A Durable Network – We believe Bitcoin’s long-term opportunity is strengthening. Despite a turbulent year, Bitcoin has not skipped a beat. Its network fundamentals have strengthened and its holder base has become more long-term focused. Contagion caused by centralized counterparties has elevated Bitcoin’s value propositions: decentralization, auditability, and transparency. The price of one bitcoin could exceed $1 million in the next decade.”
About Cathie Wood:
Catherine Duddy Wood is an American investor and the founder, CEO and CIO of Ark Invest, an investment management firm.
0:00 Cathie Wood: Bitcoin To $1 Million + !
3:05 Why Cathie Wood Has MORE Conviction Than Ever
6:24 Ark Invest Big Ideas 2023 Bitcoin Analysis
6:54 Bitcoin Bear Market RECAP (5th Largest In History)
7:20 Has Bitcoin Outperformed Other Assets? (SHOCKING)
8:00 Bitcoin Fundamentals Have NEVER Been STRONGER!
8:45 More Bitcoin Long Term Holders Than EVER BEFORE
9:19 Institutions Are COMING FOR BITCOIN!
10:29 Cathie Wood & ARK Invest Bitcoin Price Predictions (Bear, Base & Bull Case)
11:22 ARK Invest Ethereum Prediction!
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#Crypto #Bitcoin #Ethereum