ARK Invest Predicts Bitcoin to Reach $2.4 Million by 2030

ARK Invest has released a new report predicting a dramatic increase in the value of Bitcoin by 2030, projecting a price target of up to $2.4 million. This ambitious forecast is built on their extensive modeling framework that considers various factors including Bitcoin’s potential market growth, adoption trends, and supply dynamics. The report analyzes the role of institutional investment as key driver for this optimistic outlook.