Ark Invest Expects Bitcoin to Reach $1 Million by 2030
The report “Big Ideas 2022” from Ark Invest are the predictions from the well-known investment firms for many investing schemes. For Bitcoin, the report writes:
“Even if there was an all-time high level in 2021, the fundamentals in the Bitcoin market are on healthy condition. Our predictions lay on the fact that more and more countries will accept Bitcoin as a legal tender while until 2030, Bitcoin will reach $1 million”.
Bitcoin has the potential to transform the existing financial system as it holds the first place in the public blockchains space, empowering the DeFi trend (decentralized finance) and the new Internet, Web 3.0.
We wait for the next countries to adopt Bitcoin as legal tender and the price development…