At the beginning of the year, Bitcoin's 'dead bulls' and Cathie Wood's Ark Invest
released the Big Ideas 2025 report,
mentioning three price targets for Bitcoin expected by 2030, which are:
$300,000 (bear market), $710,000 (baseline market), and $1,500,000 (bull market)
At that time, it was just 'blindly shouting' a price far exceeding market expectations (like Plan B going crazy), without releasing the actual estimation process.