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Cathie Wood: Everyone is WRONG; What the Market doesn't UNDERSTAND | Bitcoin News Today 2021
Cathie Wood: Everyone is WRONG; What the Market doesn't UNDERSTAND | Bitcoin News Today 2021
Michael Burry has opened a huge short position against Cathie Wood and through his shorts on Coinbase, indirectly shorted Bitcoin. Is he right? Or is Cathie Wood right in that the ENTIRE market is undervaluing innovation?
Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world's largest actively traded ETF that focuses on disruptive technologies.
Cathie Wood has made her fortunes from being right when others are wrong. Tesla, Amazon, Square to name a few. So what is going on here? How can Cathie Wood be so Bullish on Bitcoin yet be convinced that we are going to see a deflationary crash as opposed to inflation. In this video, we will go over how Cathie Wood things everyone is wrong, why she thinks Deflation is coming and HOW she can remain so Bullish on Bitcoin with a 500K price prediction, if she doesn’t expect inflation.
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