Morgan Creek: bitcoin cryptocurrency will grow to $ 300,000

According to the founder of Morgan Creek Capital Management, Mark Yusko, the flagship of the crypto market could reach $ 300,000 by 2028. The expert spoke about this on CoinDesk TV. The expert emphasized that he puts BTC $98,521.23 Bitcoin -0.34% Market capitalization $1.95 trillion VOL. 24 hours $3.59 billion in contrast to gold.

«The bottom line is that the precious metal cannot be considered a divisible asset, unlike bitcoin ,» explained Jusko. The expert noted that the value of gold is currently about $ 6 trillion. He is convinced that by 2028, bitcoin will overtake the precious metal in this indicator.

According to Mark Yusko, the price of $ 300,000 can be achieved primarily through halving. The next halving will take place in April 2024, and then in 2028. At the same time, the expert believes that next year bitcoin will be able to reach the $ 100,000 mark.

Many cryptocurrency experts are positive about the prospects of the market leader for the next year. For example, analysts from Standard Chartered have adjusted their expectations and noted that after halving, BTC will reach the $ 120,000 price mark. A popular expert at PlanB predicts that the main digital coin will be trading at $ 100,000 in 2024.