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Ark Invest raises its 2030 Bitcoin price prediction, increasing the bull run scenario from 1.5 million dollars to 2.4 million dollars.
Foresight News reports that Ark Invest, led by Cathie Wood, has raised its forecast for the price of Bitcoin in 2030, with the new predicted price being approximately 40% higher than its previous forecast based on the fundamental model, now taking into account Bitcoin’s active supply and network activity. Under the new prediction model, the Bear Market, Benchmark, and Bull Run scenarios are approximately $500,000, $1.2 million, and $2.4 million per Bitcoin, respectively. Previously, Ark Invest predicted the Bear Market, Benchmark, and Bull Run scenarios to be approximately $300,000, $710,000, and $1.5 million per Bitcoin, respectively.