'Everyone Is SO WRONG About The Bitcoin Halving...' Cathie Wood 2024 Crypto Prediction

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Bitcoin has experienced a dramatic surge in price since the approval of the Bitcoin ETFs. And the majority of experts believe that this is just the beginning.

With the halving event quickly approaching, Bitcoin is bound to EXPLODE. And here’s why.

In one of her interviews, Cathie Wood notes that Bitcoin's supply growth rate has been around 1.8% annually for the last four years. However, following Bitcoin's halving event, this rate will halve to approximately 0.9%, marking the very first time it falls below the supply growth rate of gold.

This means that Bitcoin will undergo a supply shock, becoming scarcer than gold itself.

Make sure to stick around to the end of the video where Cathie Wood also explains how disruptive innovations like Bitcoin and AI have shaped today’s technology.

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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"Ethereum To $166,000, Bitcoin To $1.5 Million - Here's WHY" Cathie Wood Crypto Prediction

"Everyone Is SO WRONG About The Bitcoin Halving..." Cathie Wood 2024 Crypto Prediction

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[Gabriel-Canyon]

The halving of Bitcoin this year has been quite the topic of discussion, hasn't it?

[JefferyDuns]

As we edge closer to the momentous Bitcoin halving event in 2024, we find ourselves at a defining juncture in the realm of cryptocurrency. This landmark event is poised to significantly influence Bitcoin's market value and have widespread implications across various digital currencies. During this pivotal time, the role of astute trading skills and the diversification of investment portfolios becomes increasingly vital.

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The goal of the project is to make money work for us and not the other way around and it's already working.

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[Diabolica]

Its not just because of scarcity, collectibles are scare but they dont have value. BTC is proof of work. Each coin harnessed many kilowatts of energy to mine. Cathie woods, making grand statements as always while having the worst performing etfs

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