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ARK Invest founder and CEO Cathie Wood in a new CNBC interview says that Bitcoin has the potential to erupt en route to a price tag of over half a million dollars per BTC.
“We think that the move by institutions into bitcoin … could add $500,000 to bitcoin’s price if they moved into the tune of roughly 5% over time.”
In other trending BTC News today: Bitcoin Enjoys Regulatory Certainty but Altcoins Face This Danger, According to MicroStrategy CEO Michael Saylor!
“I think the big winner of the Congressional hearings is Bitcoin. It’s pretty clear that there’s consensus at the Congressional level in support of crypto. It’s pretty clear that investors want to invest in the new digital economy.
Bitcoin’s universally acknowledged as common property and not a security, so there’s no regulatory overhang on Bitcoin.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3DOhy99
✔ Rich Dad Predicts Major Crash Coming: https://bit.ly/3lZHOr3
✔ Bitcoin Enjoys Regulatory Certainty: https://bit.ly/33bp6pR
✔ $550K Bitcoin Prediction: https://bit.ly/3ENHX8o
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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