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"Most People Have No Idea What Is Coming..." | Cathie Wood's Latest Crypto Prediction (2023)



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"Most People Have No Idea What Is Coming..." | Cathie Wood's Latest Bitcoin, Ethereum & Crypto Prediction (2023)

In her first monthly In The Know update for 2023, Cathie Wood explains that the current financial climate is perfect for growth stocks, innovation and crypto to thrive.

Despite Bitcoin trading at below its 200 day moving average and stick under 20,000 dollars, Cathie and her firm have only gained more conviction in the asset class observing that it weathered the storm that was 2022 without skipping a beat. The truth of the matter is that any assets further out on the yield curve, Crypto, Growth stocks and innovation really got battered in 2022. However, Cathie and her firm now believe that with the FED poised to pivot, the conditions are perfect to see a huge rebound and up cycle in 2023.

Make sure to stick around to the end of the video where Cathy explains why that Bitcoin, Ethereum and other crypto tokens having not put in a new low from the FTX collapse is a sign of things to come and a good indication that we have seen the bottom.

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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#Crypto #Bitcoin #Ethereum
Category
Cryptocurrencies
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