CEO Excited: Rise Is Coming for Bitcoin!

Mark Yusko, CEO of Morgan Creek Capital, bitcoin He signaled that (BTC) and other risk assets would bounce back, just like the tech industry after the dot-com crash of the early 2000s.

Pioneer in a new interview with crypto expert Blockworks crypto- He stated that after the asset crashed in 2022, Bitcoin is likely to outperform gold this year.

Gold is the ultimate determinant of value but I think Bitcoin will have a better year than gold.

Exciting Bitcoin Forecast Ahead of Critical US Data

Mark YuskoHe compared current market conditions for risky assets like Bitcoin and technology stocks to the dot-com bubble of the early 2000s. The CEO stated that a similar situation is likely to occur at that time, just as markets crashed before recovering sharply and sentiment waned.

I’m a little old. I lived the years 2001, 2002. This is exactly what happened in 2001 and 2002. Enron scammed people. Tyco scammed people. People are like, ‘Oh, this is WorldCom. They’re never going to be this internet thing.

If you look at the comparisons of the bubble we live in with the year 2000, you will see that they are all the same. The NASDAQ rose and then fell 84%. The peloton rose and fell, the Tesla rose and fell. Everything looks like this bubble chart.

Then the NASDAQ became parabolic. It took 20 years now but it was super parabolic. It went much higher than the peak in 2000.

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