From CNBC: 2024-03-30 11:00:01

Hedge fund manager Mark Yusko predicts Bitcoin will double to $150,000 this year. He advises investors to allocate 1-3% of their portfolios to Bitcoin, calling it the king and better than gold. Bitcoin is up 159% in the past year, trading around $70,700. Yusko expects Bitcoin to surge post-halving in late April due to supply shock. His firm owns Coinbase and sees big potential for the platform, whose shares are up over 320% in the past year. Yusko’s firms own Bitcoin, Ethereum, gold, Coinbase, and Nvidia.

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