In a fresh interview for Bloomberg, the founder and general director of Investment Management Ark Cathie Wood once again confirmed her ambitious target price for Bitcoins, predicting that it could augment to $ 1.5 million per coin by 2030. Despite the recent market variability and the clear environment of “risk”, wood remains trade in her belief that the leading cryptocurrency will last long -term trajectory.

“Yes, it’s our view,” Wood replied Asked if she still expects Bitcoin to reach its target price. “I think we’re at risk now.

Cathie Wood still calls $ 1.5 million Bitcoins by 2030

According to Wood, an analyst on the chain indicates that Bitcoin is currently “in a little more than in the middle of a four-year cycle”-a peer to the historically repeated 4-year-old BTC cycle. She emphasized that “we think that we are still on the bull market” and expected that “deregulation” in the United States plays a key role in encouraging more institutions to enter the asset class.

Wood also argued that institutional asset allocators “must have a point of view for this new asset class”, and including Bitcoin in their wallets will probably improve the corrected returns by risk.

Among the wider market sales, Wood suggested that the script of “recession” could already develop. She cited the growing concern with work safety and the growing savings rate: “We see how the savings rate is growing.

She maintained that such economic stress could force the federal reserve to reverse the course this year: “We would not be surprised to see two or three cuts. […] We believe that inflation will surprise the low side of expectations. “

Wood pointed to the decreasing prices of gasoline, egg prices and rents as signals that inflation can frigid faster than many expects, which gives the Fed “greater degrees of freedom in the second half of this year.”

Taking the regulation, Wood sounded particularly positive about the “mild regulatory environment” around the cryptocurrency. She emphasized the approach of the American Commission of Securities and Stock Exchange (SEC) to the meme coins, noting that “declaring these coins not securities”, the regulatory authorities basically said: “Buyer beware. […] We believe that most of them will not be worth very much. […] What we think will happen […] There is nothing like losing money for people to learn. “

However, Wood emphasized that Bitcoin, Ethereum and Solana are the basic resources with “cases of use […] Multiplication “and probably will remain an integral part of the cryptocurrency ecosystem, in a clear contrast with” millions of meme coins “, which according to her will eventually lose their value.

Wood also discussed its investment work for Robinhood and Coinbase, revealing that ARK perceives both companies as fermeryists in the battle for dominance in a digital portfolio. She compared digital wallets to credit cards, suggesting that “most of us do not have too many credit cards” – and thus, most users will not have more than a few digital wallets.

In addition, she drew attention to the creation of tokenization, noting that the interest in Blackrock to the tokenizing assets […] Nowy Świat ”in capital formation. […] They employ bitcoins […] But also Stablecouins, which is actually the dollar as back to their purchasing power and wealth. “

Cathie Wood remains undressed with compact -term fluctuations or annoying market. Confirming their deafening plants on Tesla, Bitcoin and destructive technologies, such as artificial intelligence, repeated its overarching thesis: platforms based on innovation and platform based on blockchain will continue to drive deflation forces and create up-to-date development opportunities. “We are known from our conversation of Tesla and our Bitcoin conversation. […] I would add AI platform as a service company such as Palantir. “

During the BTC press it traded at USD 83,322.

A highlighted image from YouTube, chart from tradingview.com