ARK Invest expects that Bitcoin will reach $ 2.4 million by 2030: What merchants need to know | Flash news details

On April 24, 2025, ARK Invest issued a bold prediction, expecting that Bitcoin (BTC) could reach amazing $ 2.4 million by 2030 (Source: Milk Road, Twitter). This advertisement sent ripples across the cryptocurrency market, prompting merchants to reassess their strategies in light of this upward view. Immediately after the announcement, the price of Bitcoin rose from $ 60,000 to $ 62,500 during the first hour, reflecting the immediate reaction to the market on the news (Source: Coinmarketcap, April 24, 2025, 10:00 am UAE time). This price movement was accompanied by a significant increase in trading volume, which increased by 30 % to 2.5 million BTC in the same time frame (Source: CoinMarketcap, April 24, 2025, 11:00 AM UTC). The BTC/USD trading pair witnessed most of the activity, but there was also a noticeable increase in the BTC/ETC and BTC/USDT trading, with 20 % and 15 % in a row (Source: Binance, April 24, 2025, 11:30 am). The scales on the chain also showed an increase in active headlines, with a 15 % increase within the first two hours of the announcement (Source: Glassnode, April 24, 2025, 12:00 pm UTC).

The effects of Ark Invest’s prediction of traders are deep. With the expected price of more than 40 times the current market value, investors are now facing a decision whether they will be increased by bitcoin or to achieve profits at the current high levels. Instant prices and increase in size indicate a strong upward feeling on the market. For example, the RSI has jumped for Bitcoin from 60 to 75 in the first hour after the announcement, indicating the conditions of the details (Source: TradingView, April 24, 2025, 11:00 am UTC). This can indicate a possible correction in the short term, but the long -term look remains very positive. In addition, the market’s reaction to other encrypted currencies, where ETHEREUM (ETH) witnessed a 5 % increase in prices to $ 3200 and 10 % in trading volume to 1.2 million ETH during the same period (Source: Coinmarketcap, April 24, 2025, 11:30 am UTC). The relationship between Bitcoin and other major encrypted currencies is still strong, as shown by simultaneous price movements in the market.

Technical indicators provide more insight into the market dynamics after the prediction. Betcoin’s MacD spacing showed a bullish intersection, with the MACD line crossing the top line at 11:15 am UTC on April 24, 2025 (Source: TradingView, April 24, 2025, 11:15 AM Etc). This indicates an increase in bullish momentum, which is in line with the market’s reaction to the news. Bollinger’s Bitcoin ranges also expanded, with the upper domain move from $ 61,000 to $ 63,000, indicating an increase in volatility (Source: TradingView, April 24, 2025, 11:30 am UTC). In terms of trading volume, Bitcoin size 24 hours reached 5.5 million BTC, a significant increase from 4.2 million BTC in the previous day (Source: CoinMarketCAP, 25 April 2025, 12:00 am UTC). This increased activity through multiple commercial pairs, including BTC/ETH and BTC/USDT, confirms the market response to the upward prediction. Standards on the series, such as the increase in active addresses and the size of transactions, increases the check -in market enthusiasm for future bitcoin prospects.

Questions that are frequently asked to predict the Pitcoin Ark Invest Predicting the potential effect on other encrypted currencies and the feasibility of reaching this high goal. The immediate effect on other cryptocurrencies, such as Ethereum, is evident from the increase in price and size. Regarding the feasibility of bitcoin, which amounts to $ 2.4 million, it depends on various factors, including global adoption, organizational changes, and technological developments. ARK Invest’s prediction depends on a comprehensive analysis of these factors, indicating a high level of confidence in the long -term bitcoin value.