Here’s How Much Just $100 In Bitcoin Could Be Worth In 2030 If Cathie Wood’s Price Target Is Reached
Bitcoin (CRYPTO: BTC) investors are celebrating with the leading cryptocurrency making new all-time highs in July.
For investors in Bitcoin or those on the sidelines, the good news is the price could keep going up according to Ark Invest CEO Cathie Wood.
Here’s a look at Wood’s predictions for Bitcoin in 2030 and how much a small investment today could be worth if she’s right.
Following Wood Into Bitcoin: Wood has been a vocal bull for the cryptocurrency sector for years, specifically for Bitcoin.
Ark Invest has updated its price targets for Bitcoin several times, with most of the prices significantly higher than where Bitcoin trades today.
Earlier this year, Ark updated its Bitcoin price targets with increased optimism for the sector. The new price targets are $500,000 for the bear case, $1,200,000 for the base case and $2,400,000 for the bull case for the year 2030. Those targets replaced existing price targets of $300,000, $710,000 and $1,500,000, respectively.
Wood also previously said that Bitcoin could reach $3,800,000 by 2030 if companies allocated 5% to Bitcoin.
With Bitcoin trading at $118,753.54 at the time of writing, an investor could buy 0.00084 BTC today with $100. Here is a look at how much that $100 would be …
About The Author
