Veteran Fund Manager Yusko Forecasts Six-Figure Bitcoin Prices Ahead but Urges Diversified Investing
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Mark Yusko, a hedge fund manager, predicts Bitcoin will reach $150,000 by end of 2022 and $680,000 by 2034.
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Yusko has over a decade of experience in cryptocurrency management through his Morgan Creek Digital firm.
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Yusko believes upcoming Bitcoin "halving" events which reduce supply will boost price, along with growing institutional demand.
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While optimistic long-term, Yusko acknowledges crypto has unpredictable variables like regulations and competition.
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The author agrees Bitcoin will likely grow long-term but advises diversifying instead of going "all in" on its future price.