Once a bullish…always a bullish! We once again find Catherine Duddy Wood in her works and in his predictions as optimistic as ever concerning the American economy and especially our favorite crypto: Bitcoin! The arrival of Donald Trump will, for her, bring a breath of fresh air to the mergers and acquisitions sector by lifting certain restrictions, as for Bitcoin, it is a question of scarcity, digital gold and demand from institutions. Dive into the thoughts of the big boss of ARK Invest.
- Cathie Wood predicted that the arrival of Donald Trump would favor the mergers and acquisitions sector thanks to expected deregulation.
- She claimed that Bitcoin, considered digital gold, could reach $1 million before 2030.
Against a backdrop of deregulation, Cathie Wood sees the mergers and acquisitions sector exploding…
Pour Cathie Woodthe arrival of Donald Trump at the White House will make it possible to reduce certain regulatory burdens which are currently weighing down the mergers and acquisitions sector, so important for theeconomy :
“The mergers and acquisitions sector has been slowed down by Federal Trade Commission (FTC) and that will change. This deregulation is of capital importance! »
Cathie Wood on Donald Trump's arrival at the White House – Source: Bloomberg
Investors and sector specialists will be able to benefit from much more favorable regulatory conditions if the Trump government lifts current restrictions. But let's leave these considerations there to look at our preferred sector and see what Cathie Wood has in his Christmas bag for Bitcoin!
…and Bitcoin reach 1 million dollars before 2030!
For the CEO of‘ARK InvestBitcoin will gradually become as rare asor and this should irresistibly pull him up. Fueled by the interest of large institutional players such as exchange-traded funds, demand will explode in the coming months and years and the price could reach $1 million by 2030. Here is one of its arguments :
“In the gold industry, when the price increases, production increases accordingly to keep up with demand, but this is not possible with Bitcoin. »
Cathie Wood on Bitcoin – Source: Bloomberg
Finally, she anticipates the arrival of new faces in key positions in the new administration Trump like that of the presidency of the SEC which will go to a certain Paul Atkins, an openly pro-crypto personality. These changes will obviously be ultra-favorable to the American crypto sector and even Jerome Powell, the boss of the Fed who has never been a bitcoiner recognized, recently claimed that Bitcoin was a competitor to gold!
Finally, she compares the total capitalization of the yellow metal at 15,000 billion dollars to that of Bitcoin and its 2,000 billion, saying that there is room to go much higher! We know that all this has already been said and repeated, notably by this same Cathie Wood, but we must admit that during this holiday season, it feels good. And if you still haven't finished your list for Santa, here you go some last minute ideas.
