0 reply
18 recasts
21 reactions
Ark Investâs Big Ideas 2025 report predicts that Bitcoin will hit $1.5 million by 2030. The prediction is based on increasing institutional adoption, robust market demand, and Bitcoinâs growing role as âdigital gold.â
The report outlines three Bitcoin scenarios: a conservative $300,000, a base $710,000, and an optimistic $1.5 million price.
Ark points to Bitcoinâs resistance to a major sell-off in 2024, indicating strong demand. In addition, the value of Bitcoin on corporate balance sheets has increased from $11 billion in 2023 to $55 billion in 2024.
The introduction of Bitcoin spot ETFs in the US was also a historic milestone, attracting more than $4 billion on its first day of trading. Ark also expects Bitcoinâs long-term value to increase, given the 2024 halving, which will further limit supply. 1 reply
0 recast
1 reaction