ARK Invest: Currently in the mid-term of a bull market, Bitcoin could potentially reach $124,000 by the end of the year
ARK Invest research assistant David Puell stated that the current market environment is in the mid-term of a bull market, and the price of Bitcoin could reach $104,000 to $124,000 before January 1, 2025. He noted "it's important to remember that this is not advice but so far, the price trend matches this prediction quite well." The crypto market still has about 55% to 65% of its journey left until the end of the bull market. In an optimal scenario, he predicts that by 2030 Bitcoin's price could reach $1.5 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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