The head of Ark Invest confirmed the forecast for the growth of BTC to $ 500,000

Ark Invest CEO Cathie Wood predicts that despite the slowing sell-off, Bitcoin will continue towill equal $ 500,000.

«We are going through a time of soul-searching, but our confidence in Bitcoin remains high».

Wood says the recent correction has increasedthe chances that the exchange-traded fund will be approved by the US Securities and Exchange Commission. The point is that a product with a lower price is more likely to receive the green light.

Ark's Cathie Wood is sticking with her $500,000 target for Bitcoin #TheBusinessweek https://t.co/9eBp5M39Zi pic.twitter.com/VeSRF5fplm

- Businessweek (@BW) May 19, 2021

Over the past couple of days, the bitcoin rate has plummeted to $ 29,000 and recovered to $ 41,000.

In addition, an experienced investor commented onabout the Elon Musk fiasco, suggesting that he was pressured by shareholders such as BlackRock to change the price of BTC. However, she expects him to return to the community:

«I believe that after expressing his commitment to Bitcoin, he received pushback from institutional shareholders such as BlackRock…. But I think he will return to a mix of [different currencies]».

Ark Invest actively invests in Tesla and Grayscale Bitcoin Trust (GBTC) shares.

Where is it more profitable to buy and sell bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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