🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
ARK Invest Goes All In: 2030 Bitcoin Price Forecast Soars to $2.4M in Bullish Outlook - Crypto Economy
TL;DR
ARK Invest has upped the ante on its long-term Bitcoin outlook, raising its bull case price forecast to an astonishing $2.4 million per coin by 2030. This dramatic revision, from its previous forecast, reinforces the firm’s conviction that Bitcoin will eventually command a central position in global finance.
According to ARK Invest’s analysis, the key drivers behind this bullish scenario are robust institutional adoption, a finite supply, and Bitcoin’s growing role as a modern haven, all of which could propel the digital asset into untapped market segments.
Bitcoin as Digital Gold and a Safe Haven
One of the primary pillars of ARK Invest’s forecast is Bitcoin’s emerging status as “digital gold.” In a world where traditional assets still dominate, Bitcoin is poised to capture up to 60% of the $18 trillion market currently held by gold. ARK’s research suggests that the unique scarcity of Bitcoin, combined with its transparent and borderless nature, positions it as an attractive alternative for investors seeking to hedge against inflation and financial instability.
Moreover, the rapid integration of Bitcoin into national treasuries and corporate balance sheets is intensifying this shift, as institutions increasingly view it as a strategic reserve asset.
High Growth Amid Unprecedented Market Dynamics
ARK predicts that Bitcoin could capture as much as 6.5% of the huge $200 trillion global financial market, not counting gold. This would not only help drive massive capital inflows but also set the stage for Bitcoin’s market capitalization to potentially eclipse the combined GDP of major global economies.
Even the more conservative scenarios in ARK’s model require Bitcoin to achieve significant annual growth rates, ranging from 32% in a bear case to an eye-popping 72% in a bull scenario. While reaching such lofty targets is no small feat, ARK’s updated projections reflect a fundamental transformation in how Bitcoin is perceived worldwide.
With more institutional players accumulating the asset and its supply tightening as coins move off exchanges, the pathway to a $2.4 million valuation, while challenging, is steadily being paved by these emerging market forces.