Our hearts skipped a beat waking up this Wednesday. 💔

Nevertheless, there are still some firm Bitcoin believers who think the sky’s the limit. Cathie Wood, CEO of Ark Investment Management, said she believes Bitcoin will touch $500k. Wood remains hopeful despite the crypto’s recent plunge. 

Cathie Wood thinks Bitcoin is ‘‘on sale’’ at the moment, but she’s sure this phase will end soon to welcome a new bullish wave.

During her interview, Wood also shared environmental concerns regarding mining— she’s optimistic that solar power adoption in mining will make cryptocurrency unstoppable.