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Bitcoin’s price will easily go to $500,000 in the coming months. As demand increases from spot ETFs and other investors, and new coin supply drops from 900 to 450 per day, the price will become more exponential or parabolic toward the end of the year, and historically, about nine months after the halving.
This is the latest prediction from Mark Yusko.
Recently, Mark Yusko spoke about the impact of BlackRock's entry into the Bitcoin market, explaining how it has shifted perceptions and opened doors for broader adoption. He also addressed concerns about government intervention in ETFs holding Bitcoin and emphasized the ongoing exponential growth potential of Bitcoin, especially post-halving.
Furthermore, Yusko suggested that the generational shift towards digital wallets and assets would drive increased demand for Bitcoin and related products like ETFs and ETNs.
However, make sure to stay until the end of the video where Mark Yusko explains how Vanguard’s decision to boycott Bitcoin will backfire badly on them.
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.
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"Everyone Is SO WRONG About The Bitcoin Halving..." Mark Yusko 2024 Crypto Prediction
