According to News. Bitcoin, Cathie Wood, CEO of ARK Invest, reiterated her bullish forecast for the bitcoin price in an interview recently, insisting that despite market volatility, the company's forecast for 2030 remains unchanged. It said: In a basic scenario, the value of bitcoin by 2030 is about $650,000. In a bull market scenario, it is between $1 million and $1.50 million. These bitcoin price predictions were first presented in Ark Invest's Big Ideas report for 2023, released in February last year. Unlike the single forecast in the earlier report, the firm presented three scenarios. Based on the most likely scenario, the "base case" expects bitcoin to reach $682,800 by 2030, the "bear case" estimates the price at $258,500, and the "bull case" expects bitcoin to rise to $1.48 million. Wood stressed that Bitcoin is still a good investment at current prices, keeping in mind that we were the first public asset manager to invest in Bitcoin at $250 in 2015. Wood cited Bitcoin's historical performance during the halving cycle, predicting that Bitcoin will continue to gain momentum as inflation falls and halving events reduce supply.