Morgan Creek founder: Bitcoin will reach $250,000 in five years

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Morgan Creek founder: Bitcoin will reach $250,000 in five years

2021/5/10

According to CNBC news on May 10, Morgan Creek founder Mark Yusko predicted that Bitcoin would reach $250,000 within five years. Yusko's $250,000 goal is based on gold equivalents. If the monetary value of gold is 4 trillion U.S. dollars, then Bitcoin as digital gold should rise to this total, which brings the price of each BTC to a quarter of 1 million U.S. dollars. Yusko said that Bitcoin is not only a symbol of value; many investors ignore and underestimate it. Bitcoin is still the gold standard in the crypto world.

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Morgan Creek founder: Bitcoin will reach $250,000 in five years