After the Bitcoin Spot ETF applications, the expectations for the crypto money market started to grow. Morgan Creek Capital manager Mark Yusko also shared his expectations for the upcoming process in his interview. According to Yusko, the BTC price will rise towards a speculative peak in 2024.
Yusko thinks that BlackRock’s Bitcoin Spot ETF application will trigger a move with the upcoming halving. The famous manager added that the fair value of Bitcoin is $ 55,000 and that the rise towards this level has begun.
BlackRock Expressing that his application is a long-awaited and planned move, Mark Yusko stated that he is confident that this application will be approved. Yusko said that this upward movement started an explosion that will peak in price in 2024, that the right time is expected and a new crypto winter will come after the peaks.
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