“It Could Happen Overnight” Why Bitcoin Rocket Up 800% – Mark Yusko Prediction

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“Bitcoin could reach Six-Figure prices, and the largest cryptocurrency could easily surge by over 800% replacing gold”—these are the words of Mark Yusko, founder, CEO, and CIO at Morgan Creek Capital Management.

Recently, Yusko shared his bullish predictions for Bitcoin, emphasizing the potential for significant price growth.

Speaking about the recent approval of Bitcoin spot ETFs, Yusko offered insights into the launch and its impact on the market.

He highlighted the record-breaking trading activity on the first day, with $4.6 billion in trading volume for the ETF basket.

Despite differing opinions on the initial success, Yusko sees it as a tremendous launch for digital assets.

Also, he addresses the concerns about centralized blockchains and the role of Bitcoin in providing a permissionless alternative.

However, make sure to stay until the end of the video where Mark Yusko reveals Bitcoin’s future price, particularly during the upcoming ‘crypto fall’ post-halving.

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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“You Have 3 Months Left To SEIZE This Opportunity” Mark Yusko 2024 Bitcoin Prediction

I I do these 10 Sur Rises every year and one of mine was you know that we hit six figures we definitely take out the all-time high that could happen in days right once people realize that these ETFs are taking out more Bitcoin out of the market than is minded every day and

After the having it’s going to be two or three times that so it’s just Supply demand problem so we had the demand shock and you know basic supply and demand right if demand goes up and Supply is fixed P1 is higher than P2 basic economics but if then Supply

Shrinks right P2 is higher than P1 so we’re having a demand shock right now and we’re going to have a supply shock in April we we go from 900 Bitcoin a day to 450 you put those two things together number go up and then we haven’t even

Talked about the fomo part and The Leverage part and the stupid part where you know dumb people play dumb PRI you know dumb games and get and win dumb prizes yeah and people will lever up again which is not smart you know why would you ever lever up an 8v asset we

Can’t help ourselves greed I know we can’t help yeah Bitcoin could hit $100,000 plus and could easily surge by over 800% to equal the market cap of gold these are the words of Mark yuso founder CEO and cioo at Morgan Creed Capital recently yuso shed his bullish predictions for Bitcoin emphasizing the

Potential for significant price growth speaking about the and approval of Bitcoin spot ETFs yuso offered insights into the launch and its impact on the market he highlighted the record-breaking trading activity over the first 2 weeks with the black rock alone taking in over $3 billion worth of bitcoin despite differing opinions on

The initial success yuso sees it as a tremendous launch for digital assets make sure to stick around until the end of the video where Mark yuso reveals bitcoin’s future price particularly during the upcoming crypto fall which he thinks begins at the Bitcoin harving also guys if you want to stay most up to

Date on the crypto world I sent out a daily 5minute crypto newsletter that covers expert predictions on chain data breakdowns and breaking news all for free click the first link in the description enter your email and join Over 40,000 others to become a better crypto investor right now now here’s

Mark husco with why he thinks Bitcoin could reach over $300,000 per coin people are talking about it in different ways you know there’s people saying oh was a total failure I’m like what are you talking about I mean we set all records for ETF trading on the first day when you put

Together the basket it was $4.6 billion of trading in the first day like oh but there was only a few hundred million of net inflows because gbtc was being liquidated like sure I mean did did people expect on day one all the you know advisers out there would say oh you

Know I made a mistake clearly I should rush out and and load up no it’s going to take time for Education you know you know all the advertisements are going to come you’re going to have I mean you go to blackrock.com yeah their landing page their main landing page for the whole

Firm is an ad or the the one pager for ibit their Bitcoin ETF so that that’s a big deal I mean that’s a really big deal and so here we are 4 days into trading and we’ve got a billion dollars of net new money into ibit we’ve got $2.5 billion of capital across

Well they call them the new board 9 and then you know gbtc converted and and yes it’s losing assets because they kept their fees really really high knowing that the people who had a big tax gain aren’t going to sell over fees so it’s kind of a little bit of a cash grab

Because they’ve got some challenges I think over at at dcg but bottom line I think it was a tremendous launch uh tremendous day for digital assets broadly you know there’s all the Mac are upset because you these people don’t own Bitcoin you’re right technically you’re right the Bitcoin was created so you and

I or anyone else could exchange value without an intermediary so no these people are not going to hold their keys and they’re not going to put it in Cold Storage but here’s the thing there’s going to be a transition from trafi traditional Finance with trusted third parties to ultimately defi or noi right

Where there’s there’s no in uh trusted third parties this just going to take time but this is a great stepping stone for people to add what has been the best performing asset over the last decade it’s actually been the best performing asset 12 of the 15 years has been in

Existence most people have zero exposure not people listen to to the podcast but most people have zero and you know I’ve been talking about this since 2017 18 right get off zero zero is the wrong number now I’m not saying 100% or 90% or 80% but zero is wrong and you

Want to have some of this asset in your portfolio for lots of different reasons for the low correlation to other assets it protects your portfolio for the fact that it is a store of value against devaluation of the currency and I just read a stat right before came on with

You crazy so we’ve added $1 trillion of debt to the national debt in the last 3 months now just again to put that in perspective you and I would have to sit here together for 31,700 years and spend a dollar every second that’s 1 trillion so it took 199

Years to get the first trillion of debt in this Republic and the last trillion came in 3 months so what does that mean for the purchasing power of our viat the money that we paid for our work and our service and our Our Lives what’s going

Down and I don’t have to tell anybody who has gone out to lunch lately or bought a coffee lately or tried to buy a house lately the value of the money is going down it’s being devalued by the creation of this what I call the Fiat

Fiasco and so having a portion of your wealth in this asset that is the antithesis of an inflationary fiat currency it’s a deflationary store of value just a a logical rational thing to do what does Jamie Diamond do he runs the largest bank in the world he runs

One of the largest banks in the world it’s a really powerful guy so wait a minute what does blockchain technology do it does to financial services what the internet did to media and commerce Amazon exists because of the internet and Mom and Pop Shop a lot

Of them went out of business because you can buy it from Amazon same thing’s going to happen to finance so he runs a financial services firm that is threatened by this new technology Bitcoin being one manifestation of it and so yeah he’s nervous my other my

Other view is you can always judge the quality of an idea by the quality of its detractors if you have an idea and no one who’s important or meaningful hates it probably not really that big an idea if you have an idea and people who have power and influence don’t like it you’re

On to something and you can go back in history you know from you we said Martin Luther King Day right he had some detractors in really high places and probably ended up you know costing him his life for that right for taking a stand for human rights and and civil

Rights but if nobody cared about that then it wouldn’t have been a big idea but it was a really big idea and one I personally I’m very grateful for for him you know satachi or whatever his name is satochi satachi is going to come and he’s going to just create a bunch more

He be laughing at you and Jameson Lop one of the core developers said here are the five lines of code that cannot be changed by any one person now if we all decided collectively to make changes we could do that and any change that’s beneficial to the network we’ll probably

All approve but anything not beneficial networks’s not going to get through no matter who you are so you know Satoshi whoever he she they are he identified as a he once so probably a he or maybe a group of he’s actually said I’m giving up my project so I’m not in charge

Anymore and so what’s interesting about all of that is there are these other blockchains that are centralized and different levels of centralization but they’re centralized and it’s not shocking at all that the bank of international settlements and World economic Forum are working with things like xrp and Stellar because those are

Centralized and xrp people are going to hate when I say but they are and that’s what they want they want private blockchain permission blockchain and even ethereum and consensus and and its ties to the banking system says to me that it’s permission I want to live permissionless and I’m tired of having

The bank have to give me permission to get my money or a brokerage firm give me permission to take my Securities and transact with you in a permissionless world Banks brokerage insurance companies auditors accountants they’re less important and that’s why this is so feared but just like every Innovation

Right the internet was feared air travel was feared automobile the radio was feared television was feared electricity was feared there these great pictures from the 1900s electric wires and these demons coming out like it was going to ruin the world and it was going to poison everybody no electricity is

Awesome it makes my life so good it makes what we’re doing possible and block is the same thing Bitcoin is is the same thing so it is Big it’s here to stay and here’s the thing there’s 30 trillion 30 trillion in Boomer accounts managed by financial advisor it’s a lot

30 trillion if 10 basis points goes into these ETFs okay that’s $30 billion on an asset that trades about $10 billion a day that’ll move the price a lot if 1% which is not even crazy 1% should be like the minimum you should put it I’d

Argue 2 3 5 8 10 but one is the minimum that’s that’s 300 billion on an asset with a current market cap of around 900 billion so we’re talking about a really really big growing demand and what people forget when gbtc launched they raised about 10ish billion dollars of

New Fiat that went into gbtc and price of Bitcoin went from about 10,000 to 59,000 in a matter of months I mean it was a total parab and yes then it crashed down to 30 and then it went back to 69 and then it crashed all the way

Down to uh 15 and today you know we’re we’re closer to 69 than we are 15 so that I think history is going to run and so as that Parabola as that fomo picks up later this year post the having and we get into what’s called crypto fall

Which is when all of the activity and the media attention and I think we could go very very quickly from where we are today to six-digit bitcoin I mean like faster than people can imagine so there’s Mark yuso with his take on bitcoin saying it could Skyrocket to

Over $100,000 and grow by a whopping 800% yuso is all about educating investors highlighting the move from traditional Finance to the more modern decentralized binance he thinks Bitcoin is a key player offering a way to transact without needing anyone’s permission he even Drew parallels with how people initially felt about other

Gamechanging Technologies looking ahead yuso sees a bright future for Bitcoin and it’s going to be an interesting to see how it all unfolds before we go a quick reminder for those who are keen on staying updated in the fastpaced world of crypto and Bitcoin consider subscribing to our daily 5minute crypto

Newsletter it’s a concise resource for the latest Expo predictions breaking news and top on chain analysis trusted by over 40,000 subscribers for insightful crypto investment information click the first link in the description to join our community and elevate your crypto investment knowledge today anyway guys hope you all enjoyed today’s video

And that provided you with some value I’ll see you all in the next one and as always all the best