Bitcoin price could reach $ 2.4 million dollars by 2030, according to Ark Invest 🚀🚀🚀
It's Friday and the price of #bitcoin touched the area of $ 95,000 dollars, with signs that large holders have joined the recent rally, as outflows of #BTC from centralized #exchanges reached their highest in two years, indicating they may be in a new phase of reaccumulation.
Thus, Ark Invest, one of the proponents of a Bitcoin spot #ETF, dared to make a prediction for Bitcoin in 2030, stating that the price of Bitcoin could reach $ 2.4 million dollars, driven by assumptions about active supply and increased institutional adoption.
This prediction is in the most optimistic scenario, as in a base scenario it predicts that the price of Bitcoin may reach $ 1.2 million dollars. Meanwhile, in a bearish scenario, it predicts that the price could reach $ 500,000 dollars by 2030.
In a bearish scenario, it would be like a x5, while in a bullish scenario it would be like a x10, taking as a reference that someone makes an investment and buys BTC at 100k.
Do you think it's possible?