ARK Raises 2030 Bitcoin Bull Market Forecast to $2.4 Million, Cites Institutional Investment as Main Factor
According to Jinse, ARK Invest in its latest report has raised the 2030 bull market price target for Bitcoin to approximately $2.4 million, with a base case of $1.2 million and a bear case of $500,000. The report states: "Institutional investment contributes the most to the bull market scenario." ARK notes that Bitcoin is increasingly accepted as a "more flexible and transparent store of value."
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