Sister Mumu breaks out: Bitcoin explodes to 3.8 million US dollars

Cathie Wood’s latest predictions

Cathie Wood’s Bitcoin Investor Day in New York Speaking at the conference, she said thatThe mass adoption of institutional investing and the launch of new ETF products means that she predicts that the price of Bitcoin can exceed its current price target by more than $2 million in a bull market scenario, which is Bitcoin by 2030 The price could reach $3.8 million.

Cathie Wood explained: "Last year we proposed a bullish case for Bitcoin with a target price of $1.5 million. With the SEC providing institutional investment Given the green light, the analysis we have done is that if institutional investors allocate more than 5% of their portfolios to Bitcoin, as we think they will do in the future, over time only this This operation will increase the forecast price I just gave by $2.3 million.”

Many industry veterans also predict that the Bitcoin halving event expected to occur in April may triggering a supply shock, further fueling the current demand-driven upward trend.

Cathie Wood told a conference hosted by Reflexivity Research that she expects the upcoming halving event to have a similar effect to previous events. In the 12 months following three halving events in 2012, 2016 and 2020, Bitcoin prices increased by 8,069%, 284% and 559% respectively.

Cathie Wood said: "We believe (Bitcoin) still has a long way to go. We are still in the process of truly establishing an Internet-based financial ecosystem. system and eliminate the initial stage of all toll merchants.”

Previously in January, Cathie Wood said in an interview: "ARK Invest has The basic prediction of the currency price is to reach the range of US$600,000 in 2030. With the approval of the spot Bitcoin ETF by the US SEC, the possibility of a bull market has increased. If it is in a bull market situation, then it may reach US$1,500,000 in 2030.”

ARK Report

In February this year, "Sister Mu Mu" "Cathie Wood (Cathie Wood) led her ARK research team to release a report called "Big Ideas 2024" as scheduled.

In this 163-page report, "Sister Mumu" continues to focus on the field of "disruptive innovative technologies" and has repeatedly When it comes to the blockchain field, this article is summarized as follows:

In the future, with the large-scale adoption of blockchain technology, all funds and contracts may be transferred to the public blockchain for verification Digital scarcity and proof of ownership.

The financial ecosystem is likely to reset to accommodate the rise of cryptocurrencies and smart contracts.

These technologies increase transparency, reduce the impact of capital and regulatory controls, and lower contract enforcement costs.

In a world where more and more assets become like money and businesses and consumers adapt New financial infrastructure, digital wallets will become increasingly necessary, and company structures themselves may be questioned.

In addition, she also mentioned Bitcoin Inscription, which is a disruptive innovation by introducing a unique A numbering system, while each Sats is identifiable and immutable, allowing users to record their data, images or text.

The report also proposes how Bitcoin is evolving into a reliable safe-haven asset amid macroeconomic uncertainty and declining trust in traditional "safe-haven assets":

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Security and Capital Preservation:Bitcoin runs on a decentralized network that is not influenced by any single entity, government or central bank. Its open source nature protects it from arbitrary asset seizure and counterparty risk.

Diversification:Bitcoin has low correlation with traditional asset classes, enhancing its role in portfolio diversification . Adding an uncorrelated asset to a portfolio may increase returns per unit of risk and provide a cushion when markets decline.

Long-term investment perspective: Despite Bitcoin's short-term volatility, it has significant long-term price growth due to its design and scarcity potential.

Liquidity and Accessibility: Investors around the world can access and trade Bitcoin 24/7, highlighting its The importance of risk aversion in times of uncertainty.

Inflation Hedge:The supply of Bitcoin is capped at 21 million coins. Its scarcity characteristics make it consistent with gold's role as an inflation hedge.

The legend of the times

Sister Mu Mu is the American Ark Investment Founder and CEO of ARK, her real name is Cathie Wood.

It can be said that she is a well-known growth stock investor, known for investing in disruptive innovative technologies, such as artificial intelligence, electric vehicles, and blockchain , gene sequencing, etc.

Her investment philosophy is to choose companies that can change the world, rather than companies that will not be changed as the world changes.

Her fund achieved a staggering 134% return in 2020, beating the S&P 500's 18.4% return. She is also the number one Internet celebrity in the global investment community, with many fans and followers.

Sister Mu Mu’s growth experience is very legendary. She was born in 1955, her father was a radar systems engineer and her mother was a housewife. She has been interested in technology and finance since she was a child, and graduated from the University of Southern California with a double major in economics and finance. She has worked in several investment institutions, including Janis Fund, United Capital, Tucson Capital, etc.

She once boldly predicted that Tesla’s stock price would reach $4,000 (based on the current stock split ratio) and holds a large number of Tesla shares. She is also a loyal fan of Bitcoin and has repeatedly believed that Bitcoin is expected to reach the price target of US$1 million per coin.

She has accumulated rich experience and insight in the investment field, but she has also encountered many setbacks and doubts. She was fired for insisting on buying growth stocks such as Amazon and Tesla, and was criticized by the media and peers for fluctuating fund performance.

Write at the end

The soul of Ark Investment Management Company The character, Cathy Wood, is known for her deep insights into growth stocks, her eyes penetrating the disruptive nature of innovative technologies.

Her belief in Bitcoin is not only a paean to the monetary revolution, but also a firm vision of the future - one that may touch 380 per coin. Digital gold with a horizon of 10,000 US dollars is expected to win widespread support and support from institutions.

ARK research team painted a new picture of the financial world in its "Big Ideas 2024" report: In the near future, funds will The torrent will converge on Layer 1 such as Bitcoin, the financial ecosystem will be reshaped, and corporate and social structures will also evolve as a result.