ARK, owned by Wood Sister, released its annual report, reiterating that the price of Bitcoin will reach $1 million

Odaily星球日报 · 2023-02-06T05:20:02.000Z

Odaily Planet Daily reported that ARKInvest, a subsidiary of "Mu Jie", released the annual investment research report "Big Ideas 2023", which provides an overview of the world's latest innovative technology integration trends, covering AI, digital wallets, electric vehicles, aerospace, etc. 13 In the field of great innovation, it is predicted that the price of Bitcoin will reach $1 million within ten years. ARK wrote in a research report, “We believe that Bitcoin’s long-term opportunities are strengthening. Despite a turbulent year, Bitcoin has not missed a beat. Its network fundamentals have strengthened, and its holdings The human base is also increasingly concerned about the long term. At the same time, doubts caused by centralized counterparties have enhanced Bitcoin’s value proposition: decentralization, auditability, and transparency. Bitcoin’s price is likely to decline over the next decade reached $1 million."

Odaily Planet Daily News: ARKInvest, owned by "Wood Sister", released its annual investment research report "Big Ideas 2023", which outlined the latest global innovative technology integration trends, covering 13 major innovation fields such as AI, digital wallets, electric vehicles, and aerospace, and predicted that the price of Bitcoin will be expected to reach $1 million within ten years. ARK wrote in the research report, "We believe that the long-term opportunities for Bitcoin are strengthening. Despite a turbulent year, Bitcoin has not missed any rhythm points. Its network fundamentals have strengthened, and its holder base has become increasingly concerned about the long term. At the same time, doubts caused by centralized counterparties have enhanced Bitcoin's value proposition: decentralization, auditability, and transparency. The price of Bitcoin may reach $1 million in the next decade."