Buy Or Sell Bitcoin? Quant Reveals What Leading Metric Says

The leading metric for Bitcoin, as revealed by a quant,

suggests a positive outlook for the cryptocurrency. According to the prediction by Mark Yusko,

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the CEO of Morgan Creek Capital Management, Bitcoin is expected to see a significant rise in price, with a forecast of reaching $150,000 in 2024

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This optimistic projection is based on factors such as the upcoming Bitcoin halving event in April 2024

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which historically has led to price increases due to reduced supply and increased demand

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Yusko also highlights the potential impact of a Spot Bitcoin Exchange Traded Fund (ETF) on Bitcoin's price

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emphasizing the importance of these events in driving the cryptocurrency's value upwards

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