According to Foresight News, Ark Invest, led by Cathie Wood, has increased its Bitcoin price prediction for 2030. The new forecast is approximately 40% higher than previous estimates based on a foundational model, incorporating factors such as active supply and network activity.
Under the revised model, Ark Invest predicts Bitcoin prices in bear, base, and bull market scenarios to be around $500,000, $1.2 million, and $2.4 million per Bitcoin, respectively.
Previously, Ark Invest's predictions for bear, base, and bull market scenarios were approximately $300,000, $710,000, and $1.5 million per Bitcoin.
