TechFlow, April 25 — According to Cointelegraph, ARK Invest has raised its "bullish scenario" Bitcoin price forecast for 2030 from $1.5 million to $2.4 million, while adjusting its "bearish" and "base case" scenarios to $500,000 and $1.2 million, respectively. The revised forecast is primarily driven by increased institutional investor participation and growing acceptance of Bitcoin as "digital gold." ARK analyst David Puell stated that Bitcoin's role as a "safe haven" in emerging markets is a key supporting factor for the high valuation.
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