#BTCvsMarkets

According to PANews, ARK Invest has increased its 2030 bull market price target for Bitcoin from $1.5 million to $2.4 million, predicting an annual growth rate of 72%. This prediction considers factors such as institutional investment penetrating 6.5% of global market portfolios, Bitcoin replacing 60% of gold's market value, demand for hedging emerging markets, and growth in off-chain financial services. The prediction is based on an adjusted model of Bitcoin's 'active supply.' ARK emphasizes that most valuation models do not account for Bitcoin's scarcity and lost supply.

Previously, ARK Investment Management's 'Big Ideas 2025' report estimated Bitcoin's 2030 price targets at approximately $300,000 in a bear market scenario, $710,000 in a baseline scenario, and $1.5 million in a bull market scenario.