$2.3M Bitcoin?


With Bitcoin still trading sideways, here is some hopium for you…

…$2.3M BTC?

A collage of a person

Description automatically generated

Keep reading to find out who made this bold price prediction.

Here is your weekend crypto update…

Here's what's in today's issue:

  • Rebecca shares her thoughts on Ark Invest’s perfect Bitcoin allocation, China conceding to crypto, UK Police seizing $1.8 billion in BTC, Celsius saying goodbye to bankruptcy & $112M in XRP tokens stolen.
  • Altcoin alpha by David.
  • This week's airdrop by Jesse.
  • Sam has an NFT report on the best NFT marketplaces in 2024.

📈 Ark Invest’s Perfect Bitcoin Allocation

Ark Invest just published its iconic Big Ideas report for 2024.

Over the past couple of years, Ark has been bullish on Bitcoin with a price prediction of $1.48M per coin by 2030. But this year’s prediction blows that out of the water. 

With an entire section devoted to Bitcoin allocation, Ark Invest outlines the growing role Bitcoin has in investment portfolios. 

Ark Invest proposes the perfect portfolio allocation of Bitcoin is 19.4% to maximize risk-adjusted returns:

  • Gold: 40.7%
  • Stocks: 30.2%
  • Bitcoin: 19.4%
  • Commodities: 9.6%

This represents a massive increase in the optimum Bitcoin allocation over the past few years, up from 6.2% in 2022.

Become a Premium Wealth Mastery Subscriber to read the whole article + get weekly investment strategies on crypto, altcoins, NFTs and more

Related Articles

Bitcoin Just Made A New ATH

Bitcoin Has Made New ATHs in 14 Countries
– The ECB dissing Bitcoin again, Reddit owning BTC and ETH, Ethereum excitement amping up & the AI token rally reaching a tipping point.
– Altcoin alpha by David.
– This week’s airdrop by Jesse.
– Sam has an NFT report on the 2024 OG NFT comeback.

Ethereum Hits $3K

Why You NEED to be More Bullish on Ethereum
– Bitcoin ETF updates, Saylor being bullish on Bitcoin, Aussies also being bullish on Bitcoin & Elizabeth Warren’s senate seat being challenged.
– Rekt Capital has the latest technical analysis for you on the market. 
– Erik has an article on the Bitcoin Power Log Model.
– In case you missed it by Rebecca.

Bitcoin ATH Is On The Cards

Bitcoin’s Bull Market is Just Getting Started
– Elizabeth Warren honouring Satoshi, Peter Thiel buying $200M in BTC and ETH, Chainlink and Telefonica teaming up & the largest ever airdrop.
– Altcoin alpha by David.
– This week’s airdrop by Jesse.
– Sam has an NFT report on NFT airdrops.

Bitcoin Breaks $51,500

What’s Next?
– MicroStrategy becoming a Bitcoin development company, the US Treasury going after crypto & Ledger integrating with Coinbase Pay.
– Erik has an article on why there is so much contempt for crypto.
– In case you missed it by Rebecca.

Breaking Past a Billion

ARK BTC ETF Third to Hit Holdings Milestone
– The UK stablecoin rules coming under fire, the SEC’s crypto lawyers jumping ship & Sotheby’s auctioning an Ether Rock.
– This week on chain.
– This week’s trending coins by Rebecca.