Bitcoin Will Gradually Demonetize Gold – Ark Invest Predicts a $2.4M Bitcoin in 2030.
Here are the arguments and calculation methods on which ARK Invest's prediction is based.
Predictions about the price of Bitcoin are only binding on those who believe them. I've said it before, and I'll say it again.
While some are ultra-optimistic about Bitcoin's price in 20 or 30 years, ARK Invest has decided to go even further in its latest Bitcoin report, forecasting a Bitcoin price of $2.4M by 2030. This is a further upward revaluation of the optimistic scenario revealed a few months ago by ARK Invest, which was already forecasting a Bitcoin price of $1.5M by 2030.
So, what gives ARK Invest such optimism? In what follows, I'll reveal the arguments and calculation methods that provide the company headed by Cathy Wood with such optimism.
No One Can Predict the Outcome of the Trade War Between America and China, but Xi Jinping Has a Major Advantage Over Donald Trump.
Donald Trump will be gone in 4 years, while Xi Jinping has a lifetime mandate.
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