Bitcoin May Reach $300K by 2028 Halving, Says $1.6B Asset Manager

📆 7/27/2023 8:04 PM
📰 CoinDesk

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Bitcoin could reach $300,000 by 2028, said MarkYusko, Morgan Creek Capital Management founder and CEO, on CoinDesk TV’s First Mover. LedesmaLyllah writes.

Yusko made the prediction while comparing bitcoin to gold. Gold is not portable or divisible, whereas bitcoin is, CEO of thefirm explained."Bitcoin fixes both of these issues, and is equally scarce," Yusko added, making the case that the digital asset could eventually catch up to the precious metal’s valuation.

He estimates that the $300,000 price could be reached by 2028, when bitcoin will go through another halving event.

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