Timothy Sumer

"This Drama SHAKES Entire Crypto Market!" | Cathie Wood Crypto (WATCH SEE) It’s well known that contrarian investor, Cathie Wood, has been a long-time advocate and investor in Bitcoin and other cryptocurrencies. For those that haven’t seen it, she has a base case, $1 Million dollar price prediction for Bitcoin by 2030. However, when she saw Balaji sree-nee-vaa-saan’s prediction for a $1 million dollar Bitcoin price in the next 90 days, even she was shocked. In the latest interview by ARK invest, Kathy joined Balaji in their thoughts on Bitcoin and their optimism for the digital asset. Interestingly, Cathy and Balaji actually have completely opposing viewpoints, but arrive at the same inevitable outcome. Cathy and ARK invest believe that DEFLATION and counterparty risk is going to play out over the course of 2023, which will both accrue to Bitcoin’s benefit. She points out that Bitcoin acts as an insurance policy and a flight to safety against confiscation of weal...

"The TRUTH About The Next Bull Run" | Cathie Wood Latest Bitcoin & Ethereum Prediction 2023 ARK Invest CEO and founder Cathie Wood is sticking to her incredible $1,000,000 per Bitcoin price target by 2030 despite off the back of what turned out to be a horrible year for cryptocurrency. This would be a gain of 3,900% which would average out to just over 34% gain every year between now and 2030. Which would wipe the floor with returns you would see anywhere else, such as the stock market or real estate. Although this price prediction does seem insanely optimistic, the last insane prediction Cathie Wood had for another exponential growth asset - Tesla, came true which propelled her to becoming widely renowned and respected in the investing world. In this interview with Bloomberg, Cathie explains why 2022 has only left her and her firm with more conviction in Bitcoin and Ethereum and why they are extremely bullish heading into 2023. About Cathie Wood: Cath...