David Puell, a research assistant at ARK Invest, stated that the current market environment is in the middle of a bull market, and the price of Bitcoin may reach between $104,000 and $124,000 by January 1, 2025. He also noted that "this is not advice, but so far, the price trend is quite consistent with this prediction." The cryptocurrency market still has about 55% to 65% of the journey left before the end of the bull market. In the best case scenario, it is expected that the price of Bitcoin can reach $1.5 million by 2030.