ARK Invest has updated its projections for Bitcoin, forecasting a staggering price target of up to 2.4 million dollars by the end of the decade. This revision comes after a close examination of active supply factors which excludes coins that are either lost or held long-term. Recently, Bitcoin has been trading at approximately 94,000 dollars, showing considerable potential for growth. Investors should keep an eye on this latest analysis, as it could signify major shifts in the cryptocurrency market. As Bitcoin continues to capture mainstream attention, ARK’s bold predictions could influence market dynamics significantly. Given the bullish stance on Bitcoin, new investors might find this projection enticing as the cryptocurrency continues to evolve. Understanding trends such as active supply plays a crucial role in assessing Bitcoin’s future price trajectory. ARK’s optimistic view can encourage further institutional investments in Bitcoin, highlighting a positive outlook for the world of digital currencies.