ARK Invest Raises Bitcoin Price Forecast to $2.4 Million by 2030, Driven by Institutional Demand

Ark Invest has boosted its most optimistic Bitcoin price prediction, now forecasting it could reach $2.4 million by 2030. The investment firm cited accelerating institutional adoption as a major factor driving this substantial increase from the previous $1.5 million projection. Analyst David Puell detailed these revised forecasts in an April 24 report, also updating their bear and base case targets to $500,000 and $1.2 million, respectively.