Ark Invest: Bitcoin expected to rise to $2.4 million by 2030

It has been analyzed that the price of Bitcoin (BTC) will reach $2.4 million by 2030. As of 10:07 a.m. on the 25th, the Bitcoin price in South Korea based on BitTorrent was
It was up 0.77% from the same time on the day to 135,001,000 won (about 13.43 million yen). At the same time, the overseas Bitcoin price based on CoinMarketCap was up 0.5% from the same time the previous day.
It recorded a 3% increase to $93,925 (approximately 13.41 million yen). Bitcoin, which was trading in the $91,000 range the previous day, rose slightly on this day to trade in the $93,000 range.
Ark Invest, an issuer of a Bitcoin spot exchange-traded index fund (ETF), predicted that Bitcoin will rise to a maximum of $2.4 million by 2030.
This is a higher figure than the previous price forecast. Ark Invest said, "Institutional investors through Bitcoin spot ETFs are driving the price rise," and "Bitcoin is seen as a more flexible and transparent store of value than gold."
"Since the US announced its Bitcoin stockpile plan, other countries have jumped on the bandwagon," he said, adding, "Bitcoin has become even more attractive as digital gold."
"We expect Bitcoin-based financial services to expand," he said, adding, "Considering the declining supply of Bitcoin, we may see higher price prospects."
It's a great performance," he said.