Posted 1/31/2024, 12:45:44 PM
Bitcoin Price Could Triple to $100K by 2024 Due to Halving, Growing Demand
- Bitcoin could hit $100,000 by end of 2024 due to supply/demand shocks, says Morgan Creek's Mark Yusko
- Bitcoin ETFs are taking more BTC out of market than is being mined daily
- Upcoming Bitcoin halving will cut daily supply in half, further constraining supply
- Some central banks will likely add Bitcoin to reserves over time, as digital gold
- Bitcoin currently trading around $43,452, poised to take out all-time high soon