Kevin O'Leary Responds To Cathie Wood's Bitcoin Prediction: 'The U.S. Economy Would Have To Collapse'
Friday, May 10th 2024, 3:00:19 pm
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Cathie Wood, CEO of asset management firm Ark Invest, is known for making outlandish projections about the future of cryptocurrencies. While these predictions would make any investor in the tokens much wealthier, there are some very strong assumptions behind the predictions that have a very low probability of actually occurring. Wood has made several predictions about Bitcoin, raising the price target each time. At the start of the year, Wood noted that Ark's "base case" for Bitcoin would be $60
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