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- Ark Invest predicts that Bitcoin can record $ 2.4 million per coin by 2030.
- In the worst case, the company predicts about $ 500,000 bears for the next five years.
ARK Invest of prominent technology investors Cathie Wood announced the updated Bitcoin price goal and summarized the path to reach $ 2.4 million per coin by 2030.
Launched on Thursday, Latest report In the annual large Idea report, ARK’s previous price prediction level is raised, and the report decided to predict the price of Bitcoin using the TAM (Total Addressable Markets) and the penetration rate.
The company now combines with the previous prediction and experimental modeling that considers the “active” supply of Bitcoin.
“Bitcoin’s network lodging has been maintained at close to 60%since early 2018. From our point of view, the size of the vividness suggests that the supply of ~ 40%is ‘arched’.” Based on this we reach 40%higher than the basic model.
ARK Invest predicts about $ 500,000 bears or most negative views per BTC when describing activity supply. Bull case? Bitcoin price of $ 2.4 million per coin.
This report emphasizes the main input of TAM and penetration rate data, contributing to potential growth. This includes “digital gold”, institutional investment in spot ETFs, emerging market investors looking for safe assets, and corporate finance that continue to diversify into Bitcoin.
ARK is not the only Bitcoin supporter who suggests more than $ 1 million per coin. September Strategic Chairman and Co -founder Michael Saylor It will reach $ 13 million per coin For the next 21 years. Coinbase CEO Brian Armstrong in January “Millions of dollars of price” also.
Bitcoin won the first $ 95,000 for the first time two months ago, but it still fell at a record high of nearly $ 109,000 in January.
Edited by Andrew Hayward
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