Mark Yusko: Bitcoin price could reach $150,000 by the end of the year

Odaily News Morgan Creek Capital Management CEO Mark Yusko predicts that the price of Bitcoin may reach $150,000 by the end of this year. Mark Yusko pointed out that after the Bitcoin halving event in April, the rewards for Bitcoin miners were halved, which reduced the circulation speed of new Bitcoins and made people more interested in Bitcoin. Historically, the price of Bitcoin has increased after halvings, so there was an expectation that it might follow the same pattern. (IBTimes)