ARK Invest CEO Cathie Wood has reiterated her bullish forecast for Bitcoin, predicting a price surge to $700,000-$750,000 in the next decade. Analyst David Puell’s recent updates on the ARK Invest’s on-chain analysis further bolsters the projections. These forecasts align with growing conviction that Bitcoin will solidify its position as a global store of value. 2030 could see Bitcoin potentially surpass $1.5 million, according to Wood. This prediction comes from several key factors including: institutional investment slowly but surely entering the market; Bitcoin’s continued dominance in the store-of-value landscape; and Bitcoin’s capped supply remaining a strong bullish factor amidst increasing demand. The potential for Bitcoin’s utility in emerging markets adds another layer to its long-term adoption story. Wood believes they have ‘miles to go’ and emphasized the transformative potential of Bitcoin across both institutional and grassroots use cases.