Startling Bitcoin Prediction by Morgan Creek Capital CEO Mark Yusko
Mark Yusko, CEO of Morgan Creek Capital, an investment firm bullish on Bitcoin and altcoins, has revealed his expectations.
In a recent interview with crypto influencer Scott Melker, he stated that he anticipates a $300 billion inflow into Bitcoin from Baby Boomers over the next 12 months.
Baby Boomers comprise individuals born between 1946 and 1964.
Yusko, who expects this $300 billion to flow into BTC via their financial advisors, said that there is an incredible demand for BTC and that it remains underpriced.
Should Yusko’s prediction come to fruition and BTC were to hit a $6 trillion market cap, this surge would imply a roughly 5x increase in the price of Bitcoin, taking it to $300,000.
