Ark Invest Predicts Bitcoin to $2.4M in Bull Case Scenario

Specifically, analysts at the firm believe Bitcoin’s worst-case scenario would see its price reach a range of $300,000 to $500,000 by 2030, with the base case scenario projecting a run to $1.2 million. Meanwhile, they expect an uptick to $2.4 million by 2030 in the bull case, representing a 73% compound annual growth rate (CAGR).
For context, the $2.4 million price would represent a massive 2,435% increase from Bitcoin’s current price of around $94,000. However, it is important to note that such an impressive increase in the pioneering crypto asset’s price would have a widespread impact on the broader crypto market, with XRP potentially benefiting.