Despite the fact that the highly anticipated Bitcoin halving is just a few weeks away, industry commentator Mark Yusko, CEO of Morgan Creek Capital Management, is stoking the flames of investor frenzy with a bold price prediction: Bitcoin will reach an astounding $150,000 by the year 2025.

The positive perspective that Yusko has is contingent on a number of different things. According to Metcalfe's law, which is a network effect model, he concludes that the top cryptocurrency has a "fair value" of $50,000 at the present time.


It is anticipated that the next halving, which will halve the incentives that miners get, would cause supply dynamics to be disrupted, and historically, this has been followed by price increases. Nevertheless, Yusko admits the advent of transaction fees as a new wrinkle, which has the potential to mitigate the immediate effect of the halving on the income of miners.


According to Yusko, this cycle may be a little bit different. He is referring to the transaction fees that are created by Ordinals and Inscriptions, which is a relatively new invention that enables users to embed data into the Bitcoin blockchain.

For Bitcoin, the 'Fair Value'
In spite of this, he believes that the post-halving value will be $75,000 because to variables such as heightened investor interest and the "fear of missing out" (FOMO) that often comes along with occurrences of this kind.

Those who share Yusko's optimism are not alone. A number of prominent individuals, like Robert Kiyosaki and Standard Chartered bank, are of the opinion that a possible price objective of $150,000 is feasible. The mood expressed here is reflective of the overall positive trend in the cryptocurrency market, which is being driven by the rising acceptance of Bitcoin by institutions and the growing acknowledgment of Bitcoin as a viable hedge against inflation.


This, however, does not persuade everyone. It is generally known that the price history of Bitcoin is notoriously volatile, and even the most well-reasoned projections may be abruptly derailed by external variables like as changes in regulatory policies or contractions in the economy. The application of Metcalfe's law, which was first developed for communication networks, to a complex system such as Bitcoin is challenged by critics, who also point out possible restrictions.

The path that leads to $150,000 is likewise not entirely apparent. Yusko forecasts that there will be a large rise in prices after the halving, with a possible peak occurring around nine months later (at the end of 2024). However, the precise trajectory is very dependent on the delicate balance that exists between supply and demand.

It is possible that the price may increase as a result of increased demand from institutional investors, especially via vehicles such as Bitcoin exchange-traded funds (ETFs). However, in order to fulfill this need, a limited quantity is required because of the halving.

According to the expert, the price must increase in order for there to be a greater demand than there is supply. This indicates that there may be a possibly exponential price movement at the end of the year. Through the course of history, the price of Bitcoin has reached its highest point about nine months following halving occurrences, prior to the onset of a subsequent bear market.

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