Bitcoin to reach $1.5 million by 2030 in bullish case
Cathie Wood, CEO of ARK Invest, has reaffirmed her forecast for Bitcoin, despite recent outflows. She initially predicted Bitcoin would hit $1.5 million by 2030 in a bullish case, $710,000 in a base case, and $300,000 in a bearish case.
The investment firm revised its target in November 2025, putting Bitcoin’s price at $1.2 million in its bull case, $600,000 in its base case, and $500,000 in its bear case by 2030. Wood cited institutional interest, regulatory clarity, and its scarcity-driven model as Bitcoin’s main advantages.
Wood’s faith in Bitcoin remains strong, with the cryptocurrency still trading above $77,000, despite falling 40% from its record high of $126,080 on October 6, 2025.