$BTC **ARK Invest Predicts Bitcoin Could Hit $2.4M by 2030**

Cathie Wood’s ARK Invest has raised its **Bitcoin price target** for 2030:

- **Bull Case:** **$2.4M per BTC** (up from $1.5M in Jan 2024)

- **Base Case:** **$1.2M**

- **Bear Case:** **$500K**

### **Why the Big Jump?**

1. **Less Bitcoin Available** – More BTC is being held long-term, reducing supply.

2. **Institutional Demand** – Big investors, companies, and even countries are buying.

3. **Bitcoin as Digital Gold** – Seen as a safe asset in unstable economies.

### **Bitcoin’s Recent Moves**

- Peaked at **$109K** in Jan 2025, dropped to **$74.5K**, now back near **$94K**.

- **Exchange reserves are shrinking** (down from 3M BTC to 2.6M BTC), meaning fewer coins for sale.

### **What This Means**

If adoption keeps growing, Bitcoin could surge **10x–25x** by 2030. But even in a worst-case scenario, ARK sees it hitting **$500K**.

**Bottom Line:** ARK is super bullish—expecting massive gains if Bitcoin keeps getting adopted. 🚀