Cathie Woods and her team at Ark Invest are known for their appreciation of innovation and disruptive technologies, which makes Bitcoin a natural fit for them. According to them, the world’s first cryptocurrency has the potential to revolutionize financial markets and the very concept of money.
In fact, Ark Invest analysts have released a report expressing their strong belief that Bitcoin’s price could exceed $1 million by 2030. This is a bold prediction, as it would require Bitcoin to increase by over 4,000% in just seven years. While such a projection may seem implausible at first glance, the report offers a detailed explanation of how Bitcoin could reach this milestone.