Cathie Wood Says Crypto ‘Liquidity Squeeze’ Will Reverse, Reiterates $1.5M Bitcoin Bull Case
Key Takeaways
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Liquidity pressures may ease soon, says Cathie Wood.
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The investor’s $1.5 million Bitcoin bull price remains intact.
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Wood has continued to buy the dip of several crypto companies.
Ark Invest founder Cathie Wood says tightening liquidity conditions that have weighed on crypto markets may soon ease, while reaffirming the firm’s long-term bullish $1.5 million price prediction for Bitcoin.
Wood said in the latest Ark Webinar that the recent liquidity tightening across AI and crypto “could reverse in the coming weeks.”
She described the current market environment as “turmoil” heading into December,…
