Morgan Creek: Bitcoin to US$ 300,000 in 2028
Posted on 08/04/2023
Mark Yusko is CEO of hedge fund Morgan Creek Capital Management. In a new Coindesk interview he says bitcoin will reach US$ 300,000 by 2028 due to a supply reduction and a crypto rally to come. Bitcoin has currently lost the US$ 30,000 level, but remains above US$ 29,000 so far. Yusko says the market cap will rise to over US$ 6 trillion, or “a 10X from here.”
“Every halving, we’ve added a zero, and by next April I think we could go to US$ 100,000,” he said.