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Guest Cathie Wood, Founder & CEO of Ark Invest, discusses why she's bullish on bitcoin, ETFs, macro factors, $1.5 million price target. Also talks about industry excitement, Lightning Network, AI, emerging markets, and Bitcoin mining innovations.
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Quick takeaways
- Cathie Wood predicts Bitcoin to reach $1.5 million, highlighting areas of industry excitement like L2s and lightning.
- Wood discusses macro factors and ETFs impacting Bitcoin, emphasizing communication efforts around Bitcoin's potential as a new asset class.
Deep dives
Kathy Wood's Bullish Stance on Bitcoin with a $1.5 Million Price Target
Kathy Wood, the CEO of ARK Invest, shares her bullish outlook on Bitcoin during the podcast episode, predicting a price target of $1.5 million. She highlights key areas of excitement within the industry, such as L2s, lightning, and side chains. Wood's enthusiasm for innovation and her successful track record with Bitcoin investments underscore her positive outlook for the cryptocurrency's future.
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