ARK Invest Raises Bitcoin Price Forecast to $2.4 Million by 2030

Asset management firm ARK Invest has revised its Bitcoin price prediction upward, projecting it to reach $2.4 million by the end of 2030. This significant adjustment is driven largely by institutional investors and Bitcoin’s growing acceptance as a safe haven asset known as ‘digital gold’. ARK’s research outlines three price targets: a bear case of around $500,000, a base case of $1.2 million, and a bullish case of $2.4 million.