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The female stock goddess reiterates: Bitcoin will reach 1 million dollars by 2030, and Trump's inauguration will usher in a new wave of startup mergers and acquisitions.
Cathie Wood, founder of Ark Invest, also known as the 'Queen of Stocks', predicts that Trump's presidency will trigger a wave of mergers and acquisitions of startups, and reiterated her belief that BTC will exceed $1 million by 2030. (Background: BTCSupercycle is coming? Analyst: Trump's BTC reserves, global corporate frenzy buying or breaking the Halving bull-bear destiny) In an interview with Bloomberg today, Cathie Wood, founder of Ark Invest, said that Trump's election will trigger a wave of privately held company mergers and acquisitions that were previously delayed due to cumbersome procedures, and the FTC's changes will release potential merger demand and create 'Liquidity events' for venture capital families: The FTC has been blocking mergers, and this situation will change, so when strategic buyers bid for these innovative companies, we will eventually see price discovery and see the true value of these companies. Reiterating her bullish prediction for BTC, Cathie Wood believes that by 2030, the price of BTC could exceed $1 million. Under Trump's leadership, relaxed regulation will accelerate BTC growth, which is supported by supply and demand dynamics, as BTC's total production is limited to 21 million coins: BTC is becoming rarer than gold. The difference between gold and BTC is that when the price of gold rises, production increases and supply growth accelerates, but this does not happen with BTC. It is worth noting that Ark Invest's BTC predictions have changed many times. In February 2023, Ark Invest published a report predicting three scenarios for the BTC price: the 'base scenario' predicts that BTC will reach $682,800 by 2030, the 'Bear Market scenario' estimates the price at $258,500, and the 'Bull Market scenario' predicts that BTC could rise to $1.48 million. In March of this year, after the BTC Spot ETF was approved for listing, Cathie Wood said that the initial target of $1 million by 2030 was too conservative, and raised the target price to $1.5 million. If institutional investors allocate more than 5% of their investment portfolio to BTC, the target price of BTC in 2030 will rise to $3.8 million. Further reading: The Queen of Stocks boldly predicts that BTC will reach $3.8 million by 2030, what did Cathie Wood see? Cathie Wood is famous for her long-term bets on emerging technologies, but she is also controversial. Her $6.7 billion ARK Innovation ETF has experienced many cycles of prosperity and decline, and her predictions for BTC and TSL are also highly controversial, but these two major assets have seen huge gains in 2024. Optimistic about Musk's ability to change the world faster. In addition, Cathie Wood predicts that Tesla CEO Musk's move to reduce the size and scope of the government in the DOGE efficiency department in the United States will be effective because he understands the impact of regulatory pressure and obstacles: He knows very well that if these obstacles can be removed, he can change the world faster than he is now. After Trump's election last month, he announced that after taking office, he would appoint Musk and American biotech entrepreneur Vivek Ramaswamy to jointly lead the DOGE department, paving the way for dismantling government bureaucracies, cutting unnecessary regulatory rules and wasteful spending, and restructuring federal agencies. Related reports: BTC price drops by 96,000, 300,000 people get liquidated, and billions of dollars! Analyst: The Fed's easing of interest rate cuts does not change the trend of BTC's rise. BTCLong Wick Candle》Curve founder CRV liquidated, Ethereum gas fees soar, trading once costs 45U. El Salvador can no longer invest BTC regularly? Reaches $1.4 billion loan agreement with the IMF protocol, will restrict BTC purchases. 'The Queen of Stocks reiterated: BTC will reach $1 million by 2030, and Trump's inauguration will trigger a new wave of startup mergers and acquisitions.' This article was first published on BlockTempo, the most influential blockchain news media in the dynamic area.