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2030 Expectation From Ark Invest CEO: Will Bitcoin (BTC) Reach These Price Levels?

Ark Invest CEO Cathie Wood reiterated her positive views on Bitcoin at the Bitcoin 2022 Conference held in Miami this week. I

2030 Expectation From Ark Invest CEO: Will Bitcoin (BTC) Reach These Price Levels?

Ark Invest CEO Cathie Wood reiterated her positive views on Bitcoin at the Bitcoin 2022 Conference held in Miami this week. In a presentation on Thursday, Wood shared his thoughts that the leading cryptocurrency Bitcoin could reach price levels of $ 1 million by 2030.

Statements by Ark Invest CEO at the Bitcoin 2022 Conference

Ark Invest CEO Cathie Wood, known to be a staunch Bitcoin advocate, made various statements about the future of the leading cryptocurrency and price expectations in the coming years at the Bitcoin 2022 Conference held in Miami. Drawing attention to the increasing institutional adoption rate for Bitcoin, Wood once again repeated his long-term price expectation. Wood pointed to the price levels of $ 1 million on behalf of the leading cryptocurrency Bitcoin’s 2030 price target.

Galaxy Digital CEO Mike Novogratz, who shared his ideas that Bitcoin will reach the price levels of $ 500,000 in 5 years in the past, also stated at the Bitcoin 2022 Conference that BTC can exceed the price levels of $ 1 million in the long run.

The Downtrend in Bitcoin Continues

The leading cryptocurrency Bitcoin (BTC) continued to record bearish price movements despite many positive developments for the crypto ecosystem during the week. The decline of Bitcoin to the price levels of $ 42,500 after the value losses recorded in the last 24-hour time frame also gave a downward momentum to the crypto money market. While Ethereum (ETH) continues to trade at the price levels of $3,200 after its recent bearish movements, the total market value of cryptocurrencies declined to $1.97 trillion, according to CoinMarketCap data.

The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry risks due to their high volatility and should perform their transactions in line with their own research.

Samuel Hegi

Samuel Hegi , who first became acquainted with blockchain technology in 2014, is highly critical of blockchain technology. Samuel Hegi, a journalism graduate from the University of Brighton Theblockchainnew.com he is the editor-in-chief of the news portal. Blockchain is love.

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