BitcoinWarrior

News and Education

Bitcoin’s Bright Future: Hedge Fund Veteran Mark Yusko Foresees $150,000 Peak

Mark Yusko, the CEO and founder of Morgan Creek Capital, has predicted that Bitcoin (CRYPTO: BTC) could reach a staggering $150,000 by the middle of next year. During an interview with crypto influencer Scott Melker last week, Yusko spoke about the potential for the cryptocurrency to double its fair value, which he suggests could be around $75,000 to $80,000 this bull cycle, due to network effects and increasing user and miner numbers. “It’s possible that Bitcoin’s fair value only goes to $75,000 or $80,000 during this bull cycle. Let’s just say $75,000. So then the investors have been buying …