UPDATE: Wood Says Portfolios Will Triple Over 5 Years if Research is Correct

(Updated - May 19, 2021 10:57 AM EDT)

(Updated - May 19, 2021 10:50 AM EDT)

(Updated - May 19, 2021 10:48 AM EDT)

(Updated - May 19, 2021 10:42 AM EDT)

Cathie Wood Still Thinks Bitcoin Goes to $500,000, Says Environmental Concerns Around Bitcoin Have Changed

• Bitcoin on Sale after Rout, Not Necessarily at Bottom
• Could be Capitulation Phase
• Bitcoin Correction Improves Odds for Crypto ETF Approval
• China to Favor Local Electric Vehicle Makers Over Tesla (NASDAQ: TSLA)
• Seeing Big Export Market from China to Europe for Tesla (NASDAQ: TSLA)
• Wood Sees Massive Period of Deflation
• Commodity Prices Went to Far to Fast
• Double and Triple Orders Will be Canceled After Businesses Scrambled for Goods
• Technology Improvements Will Contribute to Deflation
• Flows Are Not a Problem, 5-Year Price Target Hasn't Changed
• Bull Market Has Broadened
• Innovation is on Sale
• Wood Says Portfolios Will Triple Over 5 Years if Research is Correct

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