This Thanksgiving Will Be 'Greatest Bitcoiners Have Ever Experienced,' Says Mark Yusko
Portfolio Pulse from Khyathi Dalal
Veteran investor Mark Yusko predicts significant institutional adoption of Bitcoin, potentially driving a bull run with prices reaching $120,000-$150,000. He anticipates major inflows from financial advisors and wealth managers, although current ETF inflows may not reflect true demand.
August 28, 2024 | 4:53 pm
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Mark Yusko predicts a significant bull run for Bitcoin, driven by institutional adoption and inflows from financial advisors and wealth managers. He expects Bitcoin prices to reach $120,000-$150,000 by early next year.
Yusko's prediction of institutional adoption and significant inflows into Bitcoin suggests a positive short-term impact on Bitcoin prices. His forecast of prices reaching $120,000-$150,000 indicates strong bullish sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100