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Bitcoin Is Set To Explode (Updated Price Prediction) | Cathie Wood
In an interview with Foxx News, CEO and CIO of Ark Invest Cathie Wood touched on numerous topics, including inflation, her struggling fund, zoom stocks, being patient during these tumultuous times, and crypto. Cathie has a contrarian view when it comes to inflation and her beloved zoom stock. Many investors believe Zoom is a ‘stay-at-home’ stock that soared during the lockdowns and now that many people are returning to the office, the Zoom stock reflects the environment. As its down 55% year-to-date which is eerily similar to Ark Invests stock (ARRK) as it is currently down 54%. During the interview, Cathie openly acknowledged that she is struggling with her stock but she is still certain that her 5 innovative will take off, especially Bitcoin, which she believes will 60X from here.
Watch the full unedited interview here ⬇ [Credits] 🙏
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