Bitcoin

Hedge

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Hedge fund manager Mark Yusko forecasts a Bitcoin price of $150,000 by the end of the year, driven by the halving event.</li>
 <li>Yusko’s fund invests about 20% in liquid tokens, with a preference for Ethereum, Solana, and Avalanche, despite Bitcoin being the “king”.</li>
</ul>
<p>Mark Yusko, a hedge fund manager, has expressed optimism about the future price of <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a>.</p>
<p>In a recent CNBC interview, the CEO of Morgan Creek Capital Management described Bitcoin as “the dominant token” and “a superior form of gold.”</p>
<h2 id="bitcoin-s-potential-growth">Bitcoin’s Potential Growth</h2>
<p>Yusko stated that the halving event often sparks a surge of interest in Bitcoin. He believes the fair value of Bitcoin in this cycle is around $75,000. This value is enhanced by the halving but is lower than the potential $100,000 due to transaction fees.</p>
<p>He further predicted that the price of Bitcoin could reach $150,000, due to reduced leverage. Yusko anticipates this price increase to occur about nine months after the halving.</p>
<h2 id="investment-strategy">Investment Strategy</h2>
<p>Yusko revealed that his fund only invests approximately 20% in liquid tokens. He also mentioned that related stocks and companies are currently a harder sell than the underlying assets.</p>
<p>He expressed concerns about the valuation levels of Bitcoin mining companies and manufacturers of mining components. Despite this, Yusko showed a preference for <a href="https://crypto.ro/en/cryptocurrencies/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a>, Solana, and Avalanche, while still acknowledging Bitcoin’s reign.</p>

Bitcoin Poised to Surge to $150,000 This Year, Predicts Hedge Fund Guru Mark Yusko

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