“Bitcoin will reach $250,000… Here’s Why” Mark Yusko Bitcoin Price Prediction
“Bitcoin Will Hit $250,000… Here’s Why” Mark Yusko Bitcoin Price Prediction
Investor and Morgan Creek Capital fund manager Mark Yusko believes that Bitcoin is going to $250,000 dollars over the next 3-5 years with it hitting the long-awaited $100,000 mark by the end of next year in anticipation of the 2024 halving.
Yusko also believes that we have seen the bottom of markets back in June when Bitcoin hit $17,000 and we have now moved out of the crypto winter and are now in the crypto spring. A crypto spring describes price volatility, with no new lows and no sustained upward price movement.
Yusko explains why crypto is inevitable as capital flows to younger generations from the baby boomers. He also explains why the 4-year cycle is still in place.
American investor and manager of hedge funds, Mark W. Yusko. He is the founder, chief investor officer, and managing director at Morgan Creek Capital Management. This investment management firm advises wealthy individuals, pension funds, and endowments.
How Bitcoin could reach $100K by the end of 2023 — Mark Yusko explains
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I’m a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.