RATE Group | Bitcoin Price Headed to $500,000 in Six Years: Hedge Fund Mgr.
37028
wp-singular,post-template-default,single,single-post,postid-37028,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin Price Headed to $500,000 in Six Years: Hedge Fund Mgr.

30 Jul Bitcoin Price Headed to $500,000 in Six Years: Hedge Fund Mgr.

Posted at 15:39h in Bitcoin News by

[ad_1]


Mark Yusko bitcoin price

The year is more than halfway over, but hedge fund manager Mark Yusko isn’t backing down from his prediction that the bitcoin price will reach a new all-time high in 2018, the first rumble of a moonshot that will see the flagship cryptocurrency crack the six-figure threshold in less than a decade.

Writing on Twitter, Mark Yusko, the founder of North Carolina-based Morgan Creek Capital Management, said that he is sticking by his year-end price target of $25,000. Yusko originally made this prediction in April, adding that he expects bitcoin to march to $75,000 by 2020, $200,000 by 2022, and ultimately eclipse $500,000 by the end of 2024.

Last October, Yusko predicted that the bitcoin price could one day reach $1…

[ad_2]

Source link