They're Going To Think My Bitcoin Price Prediction Is Crazy | Cathie Wood

Cathie Wood, CEO and CIO of Ark Invest, was the laughingstock of the traditional finance world when her ARKK Invest Fund was down to about $29 per share. She was even considered “the kiss of death.”

Cathie stood by her convictions and Coinbase has since rebounded drastically, despite the naysayers. Cathie has the same sentiment for Bitcoin. In an interview with YCharts, Cathie Wood discussed her investing strategy and outlook, particularly Bitcoin and AI. While many investing algorithms and shorter-term thinkers look at a company's run-rate, Cathie is looking at what it will do to solve the problems we face as a society in the future. Even though Bitcoin currently sits at $63,774, Cathie sees its use case beyond its current value. In Cathie’s view, Bitcoin will be THE store of value and a safe haven for many countries who are dealing with economic instability and rapid inflation. At the low end, Cathie suggests that Bitcoin will 10x from here, but she expects it to 20x. The prediction sounds outlandish when we look at Bitcoin’s current price action. However, just like her Coinbase call, many will laugh and ridicule her but in the end, she may have the last laugh.

To watch the full interview:

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[xmchughs]

Jim calling her the kiss of death is the funniest thing I've heard in a long time

[DemsRNutless]

Jim Cramer trying to project his own Kiss of Death reputation, (and he was wrong here too 🤦🏼).

[myname-yrtz]

Jim Cramer told everyone to get out of crypto, he was told by the SEC and Jp Morgan that they were going to go after all crypto and it backfired on Cramer,

[Peaceispriceless]

For the people in the back; she said the bearish expectation is 650K by 2030. The BULLISH expectation was 1.5M. Let’s quote her accurately folks.

[jotjotzzz]

Jim Cramer and Kathy woods, I never saw anyone aside from these two being wrong soooo many times and still have jobs! I’m like wow.

[jamesthompson]

1.5 million by 2030? Possible but not likely. Half that? Very possible and likely a year earlier.

[nighthawkccso]

Im loading up on Swftcoin. I don't see why this thing can't more than 100X in this bull run. A lot of the low cap gems like this one can explode this time around.

[agustinalvarez]

Discovering Block Sailor Token is similar like travelling to unknown area.

[DemsRNutless]

Bitcoin is what the large investment houses are using to harvest liquidity. Once they have it, they wash it and put it on rails. The rails won’t be BTC. If you know this then you’re a rarity.

[fernandomendozagarcia]

Block Sailor's explosion could be the catalyst for a significant transformation!

[daviddelacey]

I have always rated Cathy in her knowledge of disrupters & she provides excellent commentary but her mkt timing is very questionable.

[edhertvargasestrda]

Block Sailor's explosion is the catalyst for innovation and growth!

[Karinapayan-fpuu]

Block Sailor's explosion marks the commencement of a new era in finance!

[ATLFUNKCARTEL]

Jim has a track record of making coinbase calls lmao. What a joke.

[anayeliriverasalgado]

Block Sailor's explosion is poised to conquer the market by storm!

[PLB]

Whoever invests into ARKK deserves the return they will get.

[TerryCastillo-djur]

Crypto bull run is making waves everywhere and I have no idea on how it works. What's the best step to get started please.

[splitted]

If quantum computing at its best perform, bitcoin is done

[KatherineSmith-pegf]

99Bitcoins needs to start mooning, or I'm back to eating rice and beans instead of dreaming of Lambos 👀💎🏎

[michaelberico]

Cathie Wood is a savant! Jim Cramer is an idiot! Seriously, she is a visionary and he is a blithering jester, a shill and a mouthpiece for the elites and Cantillonaires! Anyone in his position, with his supposed understanding of macro and micro economics, who refuses to put in the work necessary to understanding the true benefits of BTC is completely suspect! I have no use for him!