Bitcoin (CRYPTO: BTC) fell to a 52-week low of $58,566 in July, which represented a 53% decline from last year's all-time high of $124,773. It has since rallied back to $81,800 (as of this writing on Oct. 23), giving investors hope that a new bull cycle may be underway. Ark Investment Management, founded by technology investor Cathie Wood, is very bullish about Bitcoin's potential. It believes the cryptocurrency could amass a market capitalization of $16 trillion by 2030, which would translate to a price of $796,000 per coin. That implies a whopping 873% upside from the current level, so should investors buy Bitcoin today?
CryptoAlerta — análise de criptomoedas e mercado em tempo real