Mark Yusko: Bitcoin Fair Value at $15 Trillion
Morgan Creek Capital CEO Mark Yusko projects Bitcoin reaching a $15 trillion market cap in five to ten years via Metcalfe's law, driven by monetary expansion and network growth after the next halving.
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Mark Yusko of Morgan Creek Capital laid out a measured case for Bitcoin scaling from its current roughly two-trillion-dollar valuation to fifteen trillion dollars over five to ten years.
The thesis rests on Metcalfe's law, where network value grows with user adoption, alongside a backdrop of ten trillion dollars in new money issued in the past five years and persistent inflation eroding purchasing power. Yusko sees a slow crypto spring followed by summer, with the sharpest gains arriving only after the next halving and eventual government adoption.
Bitcoin trades at $83245.65 inside its Bollinger Bands on the four-hour chart, testing resistance near the upper band at $84251.75 while the EMA50 at $83462.56 caps upside and the EMA200 at $82321.64 anchors longer-term support. The MACD golden cross at negative 9.14 hints at building momentum despite the neutral RSI of 49.78, suggesting any push higher may first require a measured pullback toward the fifty-period average before continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast