ARK Invest: Currently in the mid-stage of a bull market, Bitcoin could potentially reach $124,000 by the end of the year

ChainCatcher news, according to Coindesk, ARK Invest research assistant David Puell stated that the current market environment is in the mid-bull market, and the price of Bitcoin could reach between $104,000 and $124,000 before January 1, 2025. He noted, "It is important to mention that this is not a recommendation, but so far, the price trend has been quite consistent with this prediction." The crypto market still has about 55% to 65% of the journey left before the bull market ends, and in the best-case scenario, Bitcoin's price could reach $1.5 million by 2030.