Continuing its Rise in Bitcoin, Ark Invest CEO Announces Long-Term BTC Target!

from the USA bitcoin investor giant company Ark Investlast day of January “Ark Invest 2023 Big Ideas Research Report” published.

Continuing its optimistic views on Bitcoin, Ark Invest also wrote in its latest report. BTC continued his behavior.

Despite the declines, the report states that public blockchains continue to support more than one revolution, and one of these chains bitcoin said that.

Acknowledging that 2022 will be a difficult year for both BTC and crypto, Ark Invest predicts that despite these difficulties, BTC will reach $1 million in ten years due to the solid foundations of Bitcoin.

“The contagion by central counterparties has elevated Bitcoin’s value propositions such as decentralization, auditability, and transparency.

In this context, Bitcoin’s network fundamentals have strengthened and BTC has become a longer-term focus for investors.”

Ark Invest believes that due to strong fundamentals, Bitcoin continues and will outperform traditional asset classes as well.

Ark Invest and its CEO, Cathie Wood, do not give up their $1 million predictions for Bitcoin and continue to be persistent.

Because, in interviews she has given since 2021, Cathie Wood said that she believes Bitcoin will reach $ 500,000 by 2026 and $ 1 million by 20230.

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