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ARK raises its Bitcoin bull run prediction for 2030 to $2.4 million, citing institutional investment as the main reason.
[ARK raises 2030 Bitcoin bull run forecast to $2.4 million, citing institutional investment as the main reason] ARK Invest has raised its price target for Bitcoin in the 2030 bull run scenario to around $2.4 million in its latest report, with a base scenario of $1.2 million and a bear market scenario of $500,000. The report states: “Institutional investment contributes the most to the bull run scenario.” ARK claims that Bitcoin is being increasingly accepted as “a more flexible and transparent store of value.”