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April 28, 2025

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April 29, 2025

ARK Invest Raises Bitcoin Price Prediction to $2.4 Million by 2030 Based on Active Supply Factors

"Futuristic financial analysis graph designed by ARK Invest predicting potential growth of Bitcoin from 2024 to 2030 with Bitcoin's bullish, base and bearish figures of $2.4 million, $1.2 million and $500,000 respectively charted against a decline of exchange-held Bitcoins. The image features Bitcoin and ARK Invest logos against a Dark Blue background with Orange highlights and Midnight Blue accents."
Cathie Wood’s ARK Invest Revises Bitcoin Price Prediction for 2030

Significant Price Revision by ARK Invest

ARK Invest, the investment firm led by Catherine Wood, has significantly revised its decade-end Bitcoin (BTC) price. The firm now forecasts the Bitcoin price to reach as high as $2.4 million each. This unprecedented estimate followed a profound reassessment of the active Bitcoin supply that does not include lost or long-held coins. At the time of ARK’s prediction, BTC, the world’s largest cryptocurrency by market value, was trading around $94,000 per coin.

Larger than Previous Bull-Projections

The new projection from ARK Invest registers a 60% increase over its January 2024 estimate. It reflects a considerable compound annual growth rate (CAGR) of 72% from December last year till the end of 2030. Apart from this, the firm’s base case puts the BTC price at $1.2 million, translating into a 53% CAGR. However, ARK Invest also nodded to a bearish scenario, forecasting a price of $500,000 per coin. This would equal to a CAGR of 32%. David Puell, an analyst from ARK Invest, utilized a model for this estimate based on total addressable market and projected market penetration across a range of sectors. The sectors cited in his assessment include institutional investment, bitcoins used as digital gold, their deployment as a haven in volatile emerging markets, and adoption for nation-state and corporate treasury holdings. He also factored in the on-chain financial services developing on the Bitcoin network. In November last year, Puell had a much more conservative prediction, expecting Bitcoin to hit $104,000-$124,000 by the year-end. But by December, Bitcoin concluded the year at $93,440 and then surged to a record price of $109,000 in January. However, a slump followed, and Bitcoin hit lows of about $74,500 earlier this month.

The Rally and Declining Exchange Balances

This price fall was transient and led to a remarkable rally. Part of the rally’s momentum could be attributed to declining exchange balances, which touched a six-year low. This indicates that a significant volume of Bitcoin is being transferred to private wallets – a hallmark of long-term holding behavior. Glassnode data reveals that exchange-held Bitcoin fell from roughly 3 million in November 2024 to 2.6 million. This change further reinforced the growing bullish sentiment around the digital currency.

Implications of the New Price Target

ARK Invest’s new price target on Bitcoin indicates strong growth potential in the upcoming decade and has implications for several areas. First, for institutional investors, the new price target suggests the potential for large returns. While Bitcoin has historically been viewed as a volatile asset, this forecast could change that perception. Second, it highlights the growing significance of Bitcoin as ‘digital gold.’ As some governments struggle with inflation and economic instability, Bitcoin represents an alternative and potentially more stable form of investment. Third, the price target offers a positive signal for emerging markets. If Bitcoin continues to grow at the proposed rate, it could provide significant economic opportunities in these regions, helping to stimulate growth and reduce poverty. Finally, the new target emphasizes the growing importance of the Bitcoin network. This blockchain technology is not just about currency – it’s driving innovative new services and business models that can potentially disrupt multiple sectors. As such, the projected Bitcoin price not only reflects a belief in the resilience and promise of Bitcoin but also a belief in the broader potential of blockchain technology. In conclusion, ARK Invest’s latest Bitcoin price projection suggests the firm anticipates significant growth potential for the cryptocurrency in the upcoming decade. While time will tell if these predictions come to fruition, they certainly point towards a future where Bitcoin might play an increasingly central role in the global economy.
James Carter

Financial Analyst & Content Creator | Expert in Cryptocurrency & Forex Education

James Carter is an experienced financial analyst, crypto educator, and content creator with expertise in crypto, forex, and financial literacy. Over the past decade, he has built a multifaceted career in market analysis, community education, and content strategy. At AltSignals.io, James leads content creation for English-speaking audiences, developing articles, webinars, and guides that simplify complex market trends and trading strategies. Known for his ability to make technical finance topics accessible, he empowers both new and seasoned investors to make informed decisions in the ever-evolving world of digital finance.

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