Renowned fund manager Mark Yusko shared his views on the levels that the leading crypto currency Bitcoin can see in 2020, 2025 and 2030.
Mark Yusko, CEO of investment management company Morgan Creek Capital Management, believes that Bitcoin’s fundamentals will fuel the explosive growth of leading crypto currency over the next 10 years.
In an interview with Business Insider, Yusko said the number of users on the network and the increasing number of Bitcoin wallets are important. According to Blockchain.com, the number of Bitcoin wallets in 2019 increased sharply from 31.4 million to 44.2 million.
Yusko also believes that Bitcoin is a viable alternative to nominal money, compared to a total of 21 million supplies compared to endless money printing by governments around the world.
The investment manager predicts that Bitcoin will move to a new parabolic rally by 2021, and then the price may increase 4-5 times by 2030.
Us We’re likely to see Bitcoin for $ 100,000 between today and 2021, Y Yusko said. I think we’re going to reach $ 250,000 by 2025, and then by 2030 we can see $ 400,000 or $ 500,000. ”
Yusko’s company currently manages a $ 1.5 billion asset. In 2018, the company founded Morgan Creek Digital to invest in crypto currency and block chain technologies for corporate investors.
Disclaimer: This is not an investment advice, it is the opinion of the person (s) in question. Crypto money investments are high risk investments. If you do not have sufficient experience and experience, it is recommended that you seek help from a counselor. Each investment decision is the responsibility of the individual. Uzmancoin and the author of this content cannot be held responsible for personal investment decisions.