【Cathie Wood: Bitcoin to Reach $650,000 by 2030, Still a Good Investment Now】 November 18th, according to News.Bitcoin, ARK Invest CEO Cathie Wood recently reiterated her bullish Bitcoin price prediction in an interview and insisted that the company's forecast for 2030 remains unchanged despite market fluctuations. She stated: "Fundamentally, the value of Bitcoin by 2030 is estimated to be around $650,000. In a bull market scenario, it could range from $1 million to $1.5 million."ARK Invest first introduced these Bitcoin price predictions in its 2023 Big Ideas report issued in February last year. Unlike earlier reports with a single prediction, the company presented three scenarios. Based on the most likely assumption, the "base case" projects Bitcoin to reach $682,800 by 2030, the "bear case" estimates a price of $258,500, and the "bull case" expects Bitcoin to rise to $1.48 million.Wood emphasized that at the current price, Bitcoin remains a solid investment, stating, "Remember, we were the first public asset management company to invest in Bitcoin at a price of $250 in 2015." Wood referenced Bitcoin's historical performance during halving cycles, predicting that as inflation decreases and the halving events reduce the supply, Bitcoin will continue its upward trajectory.