#Ark Invest #menaikkan price projection #bitcoin bull-case year 2030 to $2.4 million based on 'aggressive' modeling.

In a report on Thursday, #DavidPuell , an analyst at Ark Invest, wrote that the initial price target for bitcoin in 2030 is around $1.5 million. However, using the company's latest experimental model,

which accounts for liquid bitcoin supply by discounting lost coins or those that have been held for a long time, Ark has now projected a bull-case price of $2.4 million for 2030.

The report notes that the bull-case price projection is based on a compound annual growth rate (CAGR) of about 72% between the end of 2024 and the end of 2030. The price estimate is also modeled using the total addressable market and expected penetration rates.