Ark Investment published at the beginning of the year a report in which it predicted a rise in Bitcoin to $1 million. According to the company analysts, the BTC rate will strengthen over the next few years.
Ark Investment’s CEO Cathy Wood is also betting on an aggressive scenario. According to her, Bitcoin will skyrocket to $1 million by 2030.
Srategist of Ark Investment Yassine Elmandjra shares the same opinion. Last week, in an interview with Bloomberg, he said no shocks can undermine the possibilities of cryptocurrency.
The “crypto winter” of 2022 is drawing to a close, and next year we will see how BTC resumes its expansion.
Yassine Elmandjra has said that the limited supply of 21 million coins is the main factor that will push the cryptocurrency up.
