"Bitcoin to $1.5 Million Dollars At THIS Date" Cathie Wood 2023 Crypto Prediction
Isabel Rivera
2 min read
“Bitcoin to $1.5 Million Dollars At THIS Date” Cathie Wood 2023 Crypto Prediction
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Although Michael Saylor was the man that truly spearheaded the institutional wave of corporations investing in Bitcoin and adding it to their balance sheets, he definitely wasn’t the first. One of the first big name investors who spotted the opportunity that was Bitcoin and it’s potential was ARK Invest CEO Cathie Wood.
With Cathie being renowned for her innovation based, high risk tolerance technology based investment style, it’s easy to see why she was able to recognise the opportunity. Before eventually investing in the digital asset through her fund, ARK Invest, Cathie Wood showed Bitcoin to her mentor – Art Laffer, who agreed with her assessment of it.
She then invested $100,000 dollars of her own money into Bitcoin, a move she still calls her best investment today. Initially, Cathie alongside economist Art Laffer predicted that Bitcoin could hit a market cap equal to the monetary supply – which today sits at roughly $8 Billion dollars.
Assuming all Bitcoin in circulation, this would equate to a single Bitcoin being worth $380,000 dollars. However, over the years, Cathie has revised her outlook along with the expanding use cases of Bitcoin, with the most latest base case projections predicting Bitcoin to be worth $650,000 dollars per coin by 2027 and then worth over $1 million dollars by 2030.
In her latest interview with Anthony Pompliano, Cathie breaks down her and her firms assessment of Bitcoin & Cryptocurrency in general. Make sure to stick around to the end of the video where Cathie breaks down how she see’s regulation playing out for Bitcoin & the crypto industry and finally how she looks towards early adopters of adult entertainment and GAMING as a way to spot new technology and exponential investment opportunities.
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
I think it is more likely for BTC, & ETH to retest the resistance to the upside and then move lower. But as always, things change on a daily basis and all we can do is to trade responsibly and keep track of the markets and re-evaluate our strategies frequently. I want to thank you Fiona Winston For being my source of crypto education, As I am comfortably making 9.5 BTC.
will Ark investments still be around if it keeps getting ahead of the market?
the more Cathy and fraudster Saylor go on about it the more it looks like a ponzi scheme. “We’re in big so please get in so we can get out later”.
there is no such thing as a sure thing hence it is closer to 0 than 1m
I keep trying to get myself from relating bitcoin to dollars. The dollar isn't backed by anything and if we default then a bitcoin will literally be millions if not billion in the us dollar due to hyper inflation. So a bitcoin would be worth who knows in a failing us economy. A sat for a loaf of bread.
++ As a new investor, it's important to remember that investing and trading require more than just technical analysis skills. Discipline and emotional maturity play a significant role in achieving success. It's wise to keep in mind the adage of "time in the market vs. timing the market," as this mentality can help you weather market volatility. With insights of Mr Alex Coleman and my commitment to learning and growth, I've been increasing my earnings in just a few months. Keep up the good work!
shiba to 100000
Great content and I thank you for breaking it down!! Despite the unstable crypto market, I’m still Glad 😊I can smile back at my portfolio of $82,700 made from my $6k weekly trade within a short period.
Mrs Maureen the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy
Great content. Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumping and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major pump at the peaks of BTC. More emphasis should be put into day trading as it is ^less affected by the unpredictable nature of the market. I have made over 3.2 btc from day trading with Greg Nelson insights and signals. this is one of the best medium to backup your assets incase it goes bearish.,
Please am new on trading any sure Broker who i can trade with and earn nicely with my coin please any good and sure Broker 🙏🙏🙏???
Cathie Wood? You gotta be kidding! Never got anything right! And I'm still waiiting for that 100 thousand Dollar Btc prediction for 2 years ago! Pathetic!
My greatest happiness is the $30,000 bi-weekly profit l get consistently from my $40,000 investment despite the fluctuations in coins and stocks.
🙌 I really appreciate your clear and simple breakdown on financial pitfalls ! I lost so much money on crypto market but now making around $5k $7k every week trading different cryptos and stocks
Right. Why don’t you make up any number over any period of time. These “predictions” are all BS.
🎉🎉🎉Since I started making money on crypto currency I invested $7,000 and my profits is $25,850 every 11 days and I never lost my money on crypto with the help of a professional trader Ms Lucy Paisley