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đł BTC To $300K Is The Bear Case?
ARK Invest says Bitcoin could fly by the end of the decade.

Happy Friday!
ARK Invest has put out a âconservativeâ $300,000 price target for its Bitcoin bear case by 2030. What is its bull case target?
Bitcoin has fundamentally decoupled from U.S. tech stocks and is taking on a life of its own, according to BlackRock. Hereâs what that means for its price trajectory.
Plus, market chaos doesnât scare Matt Maleyâitâs where he thrives. Join him Sunday at 1 PM ET for a real-time breakdown of how he turned this weekâs volatility into massive wins. Youâll get trade setups, real charts and the exact strategy behind his +770% trade on TQQQ. Donât miss your edgeâsave your seat now.
TOP STORY
ARK Invest has outlined a conservative price target of approximately $300,000 for Bitcoin by 2030, according to its report published this week.
According to ARK's modeling, the primary contributor to Bitcoin's value in the bear case is its positioning as âdigital gold.â
The firm assumes Bitcoin will capture 20% of the current $18 trillion gold market by 2030.
This shift alone would account for nearly 58% of the $300,000 price target.
But how high is ARKâs bull target?
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Market chaos doesnât scare Matt Maleyâitâs where he thrives. Join him Sunday at 1 PM ET for a real-time breakdown of how he turned this weekâs volatility into massive wins. Youâll get trade setups, real charts and the exact strategy behind his +770% trade on TQQQ. Donât miss your edgeâsave your seat now.
QUICK N DIRTY
Shiba Inu is leading the meme coin surge on Friday, up 6% today: can it go higher?
Bitcoin ETFs continue to hoover up coins. Another $400M were bought on Thursday, making this the strongest ETF week in months.
Dogecoin is up 17% over the past week and its run may not be finished yet, considering the improving sentiment and fundamentals.
FINTECH FOCUS
Bitcoin should be viewed as an asset uncorrelated to U.S. tech assets over the long term, according to Jay Jacobs, U.S. Head of Equity ETFs at BlackRock.
âThe long-term correlation between U.S. stocks and Bitcoin is more like 0.2 or 0.3,â he said on CNBC: âItâs a lowly correlated asset.â
Jacobs explained that while short-term volatility may cause different assets to move in sync, Bitcoin has shown a tendency to behave differently over time, particularly during periods of global instability.
Could this spark the next leg of the Bitcoin bull run?
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