ARK Invest Sets an Ambitious Bitcoin Price Target of $2.4 Million by 2030
ARK Invest has revised its long-term forecast for Bitcoin $93,570, projecting a price target of approximately $2.4 million by 2030. This report presents a comprehensive modeling framework based on assumptions regarding Bitcoin’s total market potential, adoption trends, and supply dynamics, providing a detailed insight into the cryptocurrency‘s future
ARK Invest official stated, “Institutional investment is the key component of our optimistic scenario.”
It is anticipated that 6.5% of the global financial market portfolio, excluding gold (valued at $200 trillion), will form the basis for future investments in Bitcoin.