# 📢 **Bitcoin News** # 🚀 Is Bitcoin going to 2.4 million dollars by 2030?
The most ambitious projection from **ARK Invest** has made a significant impact on the crypto industry. According to their report, **Bitcoin could reach 2.4 million dollars per unit by 2030** if their most optimistic hypotheses come true.
# 🔍 **Three Possible Scenarios for Bitcoin in 2030**
ARK Invest proposes three possible projections based on the active supply of #BTC between **December 31, 2024 and December 31, 2030**:
✅ **Bearish Scenario:**
- Target Price: **USD 500,000**
- Compound Annual Growth Rate (CAGR): **32%**
⚖️ **Base Scenario:**
- Estimated Price: **USD 1,200,000**
- CAGR: **53%**
🚀 **Bullish Scenario:**
- Maximum Price: **USD 2,400,000**
- CAGR: **72%**
# 📈 **Key Factors Driving Bitcoin Growth**
ARK Invest identifies several elements that could increase the global demand for #BTC $BTC
:
- **Institutional Investment:** Adoption of Bitcoin by funds and companies as a hedge asset.
- **Bitcoin as Digital Gold:** Positioning as a store of value against inflation.
- **Safe Haven in Emerging Markets:** Use in countries with monetary or political crises.
- **Corporate and State Treasuries:** Inclusion of BTC in strategic reserves.
- **On-chain Financial Services:** Expansion of **DeFi** over the Bitcoin network.
# 🌍 **Bitcoin as a Global Macroeconomic Asset**
Beyond the price, ARK Invest suggests that **Bitcoin would establish itself as a pillar in the global economy**, functioning as:
- **Store of Value**
- **Savings Tool**
- **Foundation for Decentralized Financial Infrastructure**
Despite the skeptical opinions of some analysts, ARK maintains that if **macroeconomic conditions deteriorate** and Bitcoin **continues to gain ground as an alternative to the traditional system**, a **seven-figure price per unit** would not be as distant as it seems. $BTC
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