Here’s How Much $100 In Bitcoin Could Be Worth In 2030 If Cathie Wood’s Price Target Is Reached
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Leading cryptocurrency Bitcoin (CRYPTO: BTC) briefly passed the $100,000 milestone in December. While Bitcoin has fallen in recent days since new all-time highs were hit, Ark Invest CEO Cathie Wood sees a much higher price target ahead.
Following Wood into Bitcoin: Wood has been a vocal bull for the cryptocurrency sector for years, which she recently said could be helped by the incoming White House administration.
Wood has shared price targets for Bitcoin over the years, including a high of $3.8 million for BTC by the year 2030. Here’s a look at how much a small investment in Bitcoin today could increase over time if Wood’s various price targets are reached in the future.
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With Bitcoin hitting all-time highs after the 2024 presidential election, big questions remain about how high the leading cryptocurrency can go.
Earlier this year, Wood laid out her price targets for Bitcoin based on a bear case, base case and bull case for the year 2030. Wood also added a new bull case that includes the potential highest price Bitcoin could reach by 2030 if companies allocated 5% to Bitcoin.
With Bitcoin trading at $97,106.64 at the time of writing, an investor could buy 0.00103 BTC today with $100. Here is a look at how much that $100 would be worth in the future under Wood’s various price targets.
Bear Case, $258,500: $100 today would be worth $266.26, up 166.3%
Base Case, $682,000: $100 today would be worth $702.46, up 602.5%
Bull Case, $1,480,000: $100 today would be worth $1,524.40, up 1,424.4%
Bullish Case, $3,800,000: $100 today would be worth $3,914.00, up 3,814.0%
**This syndication was originally published on Dec 9th so the forecast numbers are based up to that date.
As you can see, a small investment would turn into a sizable return if Wood’s base or bullish predictions come true. Even the bearish price target hitting would more than double the investment from today.
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