When Will the Price of Bitcoin Double: Famous CEO Revealed!

Experienced figure raises Bitcoin (BTC) price prediction to $150,000 and explains the reasons behind it. Mark Yusko, founder and CEO of Morgan Creek Capital, stood out with his remarkable Bitcoin prediction in a recent CNBC interview. In the interview, Yusko stated that Bitcoin price could rapidly reach $150,000 in the months following the halving, and detailed the reasons behind this prediction. Yusko’s previous forecast was limited to $75,000, but it seems that new factors have pushed the experienced figure to a two-fold increase. Based on the Metcalfe Law model, Yusko said Bitcoin’s fair value would reach $100,000 after the halving. However, he noted that $150,000 would be a much more reasonable target for this cycle: We’re looking at the fair value based on the Metcalfe Law model. This gives us approximately $50,000. The halving will occur within three weeks. So what happened historically? The price increases, the fair value increases. […]

When Will the Price of Bitcoin Double: Famous CEO Revealed!

Experienced figure raises Bitcoin (BTC) price prediction to $150,000 and explains the reasons behind it.

Mark Yusko, founder and CEO of Morgan Creek Capital, stood out with his remarkable Bitcoin prediction in a recent CNBC interview.

In the interview, Yusko stated that Bitcoin price could rapidly reach $150,000 in the months following the halving, and detailed the reasons behind this prediction. Yusko’s previous forecast was limited to $75,000, but it seems that new factors have pushed the experienced figure to a two-fold increase.

Based on the Metcalfe Law model, Yusko said Bitcoin’s fair value would reach $100,000 after the halving. However, he noted that $150,000 would be a much more reasonable target for this cycle:

We’re looking at the fair value based on the Metcalfe Law model. This gives us approximately $50,000. The halving will occur within three weeks. So what happened historically? The price increases, the fair value increases. So this will push it to $100,000. So fair value in the last cycle was $30,000, we went up to $69,000. This time, I’m probably thinking twice because there’s less leverage. This will take us to $150,000.

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