Cathie Wood, CEO of Ark Invest, crypto currency In the current evaluations of the market, Bitcoin $103,267.87He said he could experience serious value increase in the coming years. According to Wood’s statements, Bitcoin is expected to reach $ 700,000 by 2030 in the company’s basic scenario. Ark Invest’s prediction was reported to be effective in various market and economic dynamics.
Bitcoin 2030 targets and reasons
Cathie Wood, in an interview in the CNBC Squawk Box program, said that they have set a clear target for 2030 for a long time as Ark Invest and foresees a value between 700,000 and $ 750,000 in the base scenario. In the company’s optimistic scenario, this figure goes up to $ 1.5 million.
“We always had 2030 targets, the basic scenario is between $ 700,000-750,000, and optimistic scenario is $ 1.5 million.” – Cathie Wood
According to Wood, there are three main elements behind these estimates.
- First, the market share of Bitcoin and the growth potential in the value storage market.
- Secondly, very few of corporate investors have entered this market and the potential to be more active in the future.
- Thirdly, expectations to expand the use examples in developing markets.
Macroeconomics and Crypto Coins
Cathie Wood thinks that the US economy has been experiencing a stagnation process in recent years and that it is in the stage of ending. According to him, Tariff talks Then we will see more clarity in the markets, so that there will be a strong economic growth. In other words, the tariffs will strengthen the economy (the agreement signed tariffs) will gain momentum again.
“We have been going through the stagnation that has been going on for the last three years. There has been negative growth in the last quarter, it can be negative in the second quarter. However, in our opinion, this process ends and there is a more productive period in front of us.” – Cathie Wood
Wood also stated that rapid progress in the field of artificial intelligence causes an increase in productivity in both the private and public sector, which may have positive effects on inflation and investment in the medium term. Especially in the health sector, the data received from artificial intelligence significantly reduced the analysis time.
Generally, Ark InvestIn the future perspective, Bitcoin is thought to gain an increasing dynamism with institutional participation and technological developments that have become widespread in the coming years. Company officials also emphasize that the probability of estimates may vary depending on developments and regulation processes in global market conditions. Investors are advised to closely follow risks and opportunities in line with such expectations.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
