Cathie Wood WARNING! MORE PAIN Coming! Why Bitcoin, Ethereum & Innovation Is CRASHING (Inflation)
Cathie Wood WARNING! MORE PAIN Coming! Why Bitcoin, Ethereum & Innovation Is CRASHING (Inflation)
The Crypto Markets alongside the Stock Market are continuing their march downwards as investors go risk off in the midst of a huge amount of Fear, Uncertainty and doubt in the market.
In her latest briefing, Cathie Wood speaks on the latest downward move we are seeing across the board, and why because of inflation, leverage & algorithmic trading, there may be more pain to come.
Over the course of this year, every famous investor you can think of has been raising the alarm on out of control Inflation, Hedge Fund legend - Ray Dalio, Bitcoin King Michael Saylor and The Big Short’s Michael Burry to name a few. And they are not alone. The Winklevoss twins of Gemini also agree. You may know the Winklevoss twins from the social network.
However, Cathie Does have some words of advice for investors regarding the digitalisation of the world and where everything is heading in the next 5-10 years.Make sure to stick around to the end of the video where I will cover the latest on-chain Bitcoin data, to see where the market is likely to go in the short term.
Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world's largest actively traded ETF that focuses on disruptive technologies.
Cathie Wood has made her fortunes from being right when others are wrong. Tesla, Amazon, Square to name a few. So what is going on here? How can Cathie Wood be so Bullish on Bitcoin yet be convinced that we are going to see a deflationary crash as opposed to inflation. In this video, we will go over how Cathie Wood things everyone is wrong, why she thinks Deflation is coming and HOW she can remain so Bullish on Bitcoin with a 500K price prediction, if she doesn’t expect inflation.
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