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ARK Invest led by Cathie Wood now sees a bold future for Bitcoin forecasting a possible surge to $2.4 million by 2030. The firm’s latest report outlines three scenarios with a bearish target of $300000 a base case of $710000 and a bullish outlook above $1.5 million.
The most optimistic estimate accounts for lost supply and rapid growth in on-chain financial services. If these services grow at 60 percent annually Bitcoin’s value could skyrocket to $2.4 million. Institutional investment is expected to play the biggest role making up over 43 percent of future value if Bitcoin captures just 6.5 percent of the global investable assets.
ARK highlights that even a small 2.5 percent adoption of Bitcoin in emerging markets could support its $710000 base case. The firm also emphasizes potential growth in layer-2 technologies and tokenized BTC. Despite market volatility ARK continues to position Bitcoin as a powerful long-term investment opportunity.
