Ark Invest CEO Catie Wood says Bitcoin (BTC) is likely to continue to surge higher based on performance against one red-hot item.
In a new YouTube update, Wood shares a gold chart from Bitcoin that she says is still on the rise, partly due to the BTC’s “anti-collapse” nature in recent years.
“This uptrend hasn’t broken. Again, this coincides with the bullish online risk-on market we think we are in, and I think we can call the market, the explanation used in Bitcoin, anti-collapse.
Source: Ark Invest/YouTube
Wood is also optimistic about the crypto industry, given her clarity of regulations from the Trump administration and what she believes is the next restructuring of the financial services sector.
“I think this is a very strong move. I think the financial services sector is trying to completely restructure over the next five to ten years. Of course, there’s Bitcoin and now circles and, of course, Coinbase.
https://www.youtube.com/watch?v=3ddclgukajc
Generated Image: Midjourney
