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Bitcoin is going to go to $100,000 dollars per coin by the time of the April 2024 halving and then leverage and speculators are going to send it to over $200,000 dollars is the message out from Hedge fund founder Mark Yusko.
Mark Yusko is the founder and chief investment officer at Morgan Creek Capital which has over a billion dollars in assets under management.
In his latest interview, Yusko breaks down how he see’s Bitcoin playing out throughout the remainder of 2023 and talks through his fair value model for Bitcoin.
He argues that because of the 4 year halving cycle, it is programmed into Bitcoin to increase in price following the halving. Make sure to stick around to the end of the video where he lays out his theses for a 6 figure Bitcoin.
About Mark Yusko:
Mark W. Yusko is an American investor and hedge fund manager. He is the founder, chief investment officer and managing director of Morgan Creek Capital Management, an investment management firm that advises pension funds, endowments and wealthy individuals.
CREDITS:
To watch the full un-edited interview featured (and subscribe to a great finance resource!) check out, Scott Melker:
Bitcoin’s Base Case Is $625K, Bull Case: $1,500,000 | Is Cathie Wood Sane? | Mark Yusko & Chris Inks
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