Cathie Wood: Bitcoin to $560,000 is Coming! NEW Bitcoin Price Prediction, Portfolio & Crypto Outlook

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Bitcoin to $560,000 is Coming! Cathie Wood NEW Bitcoin & Ethereum Price Prediction, Portfolio & Crypto Outlook - Deflation or Inflation?

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Cathie Wood is undoubtedly the queen of innovation. After having a breakout year in 2020 with her innovation based investment strategy, Cathie has had a relatively more quiet 2021.

However, with Tesla stock just hitting a new all time high, Cathie Wood and her investment strategy has been thrust back into the limelight as archaic investors and hedge fund managers are left scratching their heads. Maybe there is something to this whole investing in disruptive innovation thing. In her latest interview, Cathie Wood gives an update on Bitcoin, which is one of these investments that she is incredibly Bullish on.

She breaks down why she now has a $560,000 thousand dollar price target and what her outlook is for the entire crypto space. Make sure to stick around to the end of the video where Cathie Wood reveals the one sector she believes is even MORE undervalued than Bitcoin and in which will explode with investment opportunities over the coming decade.

I'll also cover the most RECENt on-chain Bitcoin data, to see where the price is likely to go in the short term.

About Cathie Wood:

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.

Cathie Wood has made her fortunes from being right when others are wrong. Tesla, Amazon, Square to name a few. So what is going on here? How can Cathie Wood be so Bullish on Bitcoin yet be convinced that we are going to see a deflationary crash as opposed to inflation. In this video, we will go over how Cathie Wood things everyone is wrong, why she thinks Deflation is coming and HOW she can remain so Bullish on Bitcoin with a 500K price prediction, if she doesn’t expect inflation.

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TIMESTAMPS:

0:00 Cathie Wood is the Queen of Innovation...
1:18 Cathie Wood Crypto Outlook (New Asset Class)
3:20 The Internet Transformed Everything (Bitcoin will do the same.)
5:19 WHY Bitcoin will go to $560,000+ (Latest Prediction)
7:01 THIS Sector Will is the MOST Undervalued! (Not Crypto)
8:27 On-Chain Bitcoin Data 1 (Bitcoin Whales!)
9:13 On-Chain Bitcoin Data 2 (Lost Coins!)

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► Realistic Ethereum Price Prediction (2021) - ARK invest Quant Analyst REVEALS why ETH can hit $40000
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#Innovation #Bitcoin #CathieWood
Category
Cryptocurrency
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