Cathie Woods of Ark Invest Predicts Bitcoin Will Reach $1 Million by 2030 – Here’s Why


Cathie Woods of Ark Invest Predicts Bitcoin Will Reach $1 Million by 2030 – Here’s Why

Ark Investment founder and CEO Cathie Wood believes Bitcoin could top $1 million per coin by 2030.

“Bitcoin Will Hit $100k, Then $10 Million By This Date” Larry Lepard Crypto Prediction 2023

“Bitcoin Will Hit $100k, Then $10 Million By This Date” Larry Lepard Crypto Prediction 2023

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Meet Lawrence “Larry” Lepard, the trailblazing Founder and Managing Partner of Equity Management Associates. Known for his keen insights into financial markets, Lepard’s firm focuses on “Monetary Debasement Insurance”, helping investors navigate financial storms through strategic investments in gold and silver miners, as well as Bitcoin.

In Larry’s most recent exclusive interview, Larry offers his profound insights into the future of cryptocurrency, specifically Bitcoin. With his finger firmly on the pulse of market trends, he confidently predicts that Bitcoin will skyrocket to an astounding $100,000 per coin in 2024. But he doesn’t stop there. Larry further forecasts that as the value of the US dollar progressively erodes, Bitcoin will continue its upward trajectory to eventually hit a breathtaking $10 million per coin.

Join us as we delve into this captivating discussion, taking a deep dive into Larry Lepard’s expert predictions for Bitcoin’s future, the potential repercussions for the USD, and the consequential landscape of the global economy. This is a conversation that is not to be missed for anyone interested in financial markets, cryptocurrency, and the future of global currency systems.

Credits: To watch the full interview highlighted in the video (and subscribe to a great crypto resource!) Check out Kitco News:

Bitcoin will hit $100k in 2024, $10 million as U.S. dollar collapses, CBDCs roll out – Larry Lepard

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Many blockchainers and crypronists are predicting that 1 Bitcoin will be $1 million by 2030.

Bitcoin is easy but how much 1 ETH will be in 2030 according to Ark Invest’s founder and CEO Cathie Wood?

Check the 30 seconds video to hear Cathie Wood’s amazing ETH prediction.

I see one problem with Bitcoin, ETH, and any other crypto price predictions by 2030.
These predictions are done on the USD value.

Do we even have USD or any other fiat money in 2030?

Bricks just announced that they will launch a gold-backed currency already in August 2023… Next month!

If you have not subscribed to my YouTube channel there is no better day than today to do it.
#bitcoin #ethereum #blackrock #crypto #blockchain #web3 #arkinvest

Cathie Wood of Ark Invest Predicts Bitcoin Will Reach $1 Million by 2030 – Here’s Why

Ark Investment founder and CEO Cathie Wood believes Bitcoin could top $1 million per coin by 2030. 

The famed stock-picker is standing by her bold prediction that each BTC coin would be worth $1 million in the next eight years despite the recent bloodbath in the market that has seen the flagship cryptocurrency plunge to a record low in two years. 

“Yes — you know, sometimes you need to battle tests, you need to go through crises to see the survivors first of all but really to battle test the infrastructure and the thesis,” she told Bloomberg on Wednesday. “And again we think bitcoin is coming out of this smelling like a rose.”

Wood noted that the recent market meltdown might scare off institutional investors for some time, who may take more time to try to understand the technology and how Bitcoin works. But when they do their research, they will come back even stronger, she said. 

“Once they actually do the homework and see what’s happened here, I think they might be more comfortable moving into Bitcoin and perhaps Ether as a first stop because they’ll understand it more,” she added.

Notably, in January, ARK analyst Yassine Elmandjra wrote in the firm’s “Big Ideas 2022” outlook report that Bitcoin’s price could exceed $500,000 by 2026. Elmandjra argued that Bitcoin adoption would find momentum as more nations adopt the coin as legal tender.

Wood Says FTX Collapsed Because of “Fraud”.

The prominent investor also touched on the recent fallout of cryptocurrency exchange FTX, saying that it failed due to “fraud.” However, she insisted that the FTX saga is nothing on the scale of Lehman Brothers or even Bernie Madoff.

“Put a little perspective into the situation here — the entire crypto asset ecosystem is an $US800 billion ecosystem. Apple is three times larger in terms of market cap,” she said.

“Many people are saying, is this another Lehman, could we see a domino effect here? The banking system back in 2008-09 [was] trillions and trillions of dollars. Right now it seems FTX [owes] $US5-10 billion to creditors. Lehman was $US1.2 trillion in claims. Madoff was $US64 billion in claims.”

Nevertheless, Wood said that the underlying blockchain technology is solid despite the collapse of some high-profile crypto companies since the start of the year. 

“If you look at the Bitcoin blockchain and Ethereum, what you’ll find is the infrastructure, the technology, has not skipped a beat throughout this entire crisis,” 

Indeed, on-chain data from Glassnode shows that users are withdrawing their funds from centralized exchanges into self-custody wallets following the collapse of FTX, showing confidence in the underlying technology.

#crypto #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily #cathiewood #cathiewoodnews #cathiewoodnewstoday #arkinvest #arkinvestnews #arkinvestnewstoday #bitcoin #bitcoinnews #bitcoinnewstoday

ARK’s Cathie Wood: Bitcoin Will Be $1 Million per Coin by 2030

ARK Investment Management CEO Cathie Wood says Bitcoin will come out of this crypto crisis smelling like a “rose.” She speaks to Bloomberg’s Carol Massar.

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