Event JSON
{
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"kind": 1,
"tags": [
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"https://decrypt.co/316463/cathie-wood-ark-invest-bullish-bitcoin-prediction"
],
[
"subject",
"Cathie Wood's Ark Invest Makes Boldly Bullish Bitcoin Price Prediction"
],
[
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"1745621163"
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[
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"https://cdn.decrypt.co/wp-content/uploads/2021/01/bitcoin-investments-up-price-gID_7.jpg"
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[
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[
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"Ark Invest, a prominent technology investor, has released an updated Bitcoin price target, which takes into account the cryptocurrency's 'active' supply and network liveliness. The report predicts a bear case of around $500,000 per BTC and a bull case of $2.4 million per coin. The firm's prediction is based on total addressable markets (TAM) and penetration rate assumptions, as well as experimental modeling. The report highlights several major inputs that contribute to its TAM and penetration rate data, including Bitcoin's standing as a 'digital gold', institutional investment, emerging market investors seeking a safe haven asset, and corporate treasuries diversifying with Bitcoin."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq9gc66fmrasp284wuamj0qtqvcgqds4km4qajguy03y0j274rh5ks82v5kp\nhttps://cdn.decrypt.co/wp-content/uploads/2021/01/bitcoin-investments-up-price-gID_7.jpg\nArk Invest sees a path for Bitcoin to reach $2.4 million per coin by 2030. Here's why Cathie Wood's firm thinks it could surge so high.\nhttps://decrypt.co/316463/cathie-wood-ark-invest-bullish-bitcoin-prediction",
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