Bitcoin Rally Has Room To Run, Says Morgan Creek’s Mark Yusko
From Yahoo Finance: 2025-05-25 07:31:00
Mark Yusko, CIO of Morgan Creek Capital, predicts Bitcoin’s rally is far from over as it hits new all-time highs, citing structural forces and currency devaluation. Bitcoin’s value is independent of traditional assets, with potential for further gains supported by global economic weaknesses. Some see Bitcoin as a modern form of money superior to gold. Dan, a technical analyst, notes favorable momentum for Bitcoin, suggesting a potential for parabolic advances. Yusko emphasizes Bitcoin as protection against wealth concentration and erosion of civil liberties. Other nations experiencing collapsing currencies have seen Bitcoin reach record highs locally. Bitcoin is seen as a foundation of a new financial system.
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