Bitcoin Has Never Seen Anything Like This Before | Mark Yusko

At the time of writing, Bitcoin is trading at $64,724, down 4% in the past 24 hours. Post-halving, Bitcoin is still hanging around between the 64 to 67 thousand range but these 5-10% swings are trivial compared to what’s really happening, according to Investor Mark Yusko. In an interview with Scott Mekler, Yousko expressed that the math leads us to believe that 300 billion is entering the market with the baby boomers. According to Yusko, there’s $30 Trillion dollars of babyboomer’s retirement funds in the economy, and that 1% of that will be invested in Bitcoin. Yusko believes when this happens, within the next 12-18 months, we should see a dramatic increase in the Bitcoin price. Yusko expressed that this will be a classic supply/demand situation for Bitcoin. And it shouldn’t be too much of a stretch or gamble for Bitcoin to hit new-highs by Thanksgiving, and we should see a 150 thousand dollar price for Bitcoin by the end of this bull cycle. To watch the full interview: https://www.youtube.com/watch?v=z7n_dZNkpyA 🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email in the “About” section of the channel.