The founder of the American hedge fund Morgan Creek Capital Management Mark Yusko made a forecast about the bitcoin exchange rate. In the opinion of the investor, in August, the value of the digital currency may decline against the backdrop of quite possible repeated rejection of the Securities and Exchange Commission (SEC) to launch the cryptocurrency ETF. However, BTC-holders should not worry, as it is better to be patient. Yusko believes that by the end of this year, the price of bitcoin will exceed $25 thousand. In 2020 will be $ 75 thousand, in 2022 – $200 thousand. By 2024, according to forecasts of the founder of Morgan Creek Capital, the rate of the main cryptocurrency will reach $ 500 thousand. Yesterday the US Securities and Exchange Commission rejected the application of twin brothers Cameron and Tyler Winklevoss to launch a bitcoin-ETF. The cryptocurrency market reacted instantly. The value of bitcoin dropped to $7900, despite that a couple of days ago it was $8300. |
