Bitcoin And in altcoins emerging investment company Mark Yusko, CEO of Morgan Creek Capital Bitcoin explained its expectations.
In a recent interview with crypto influencer Scott Melker, he said in the next 12 months: He said that he expects $300 billion of investment in Bitcoin from the older group called Boomers.
The generation called Boomer includes individuals born between 1946 and 1964.
Through investment advisors of this elderly group called Boomer BTCYusko, who expects to invest $300 billion in BTC, said that there is incredible demand for BTC and it is still not fully priced.
“We’re experiencing a pretty significant change in demand for Bitcoin, and it’s not even close to being fully realized yet… It’s not priced in at this point.
Over the next 12 months, I think the Boomer generation will be investing in Bitcoin through ETFs.
So Boomers have about $30 trillion to manage in investment advisories.
I believe that $300 billion of this money will come into the Bitcoin and cryptocurrency space, which is only 1% of $30 trillion.
This is actually more money than has been converted into Bitcoin in 15 years. This is quite surprising.
So $300 billion means Bitcoin will reach a market value of $6 trillion.”
Yusko’s expectation comes true and BTC If it reaches a market value of $ 6 trillion, this increase means that the price of Bitcoin will increase approximately 5 times to 300 thousand dollars.
*This is not investment advice.
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