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Everyone Has This Wrong About What's Coming With Bitcoin | Mark Yusko



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At the time of writing, Bitcoin is trading for $23,097.63, up 1.1% in the past 24 hours and more importantly, holding above the $23,000 resistance that the bulls have been eyeing as traders await next week’s Federal Open Market Committee decision on interest rates and any hints policymakers may drop about when their hiking campaign might end. Bitcoin has been off to a strong start in 2023, as it has surged in price by more than 40% since New Year’s Eve. As a guest on Crypto Banter podcast, Investor Mark Yusko detailed why the surge in Bitcoin price shouldn’t be a surprise, as according to his estimation of the market, Bitcoin bottomed in mid-January. Yusko believes that Bitcoin is in the spring season, which will call for choppy and mostly flat pricing action and summer should arrive in June. Yukso’s June prediction is a stark contrast to Gareth Soloway, who is predicting for June to be the bottom for Bitcoin. In Yusko’s estimation, Bitcoin is the most profound invention of our lifetime and the most important thing you can buy.
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► To watch the full interview:
https://www.youtube.com/watch?v=oKQ2FMxS4dk

Category
Cryptocurrencies
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