Morgan Creek CEO: BTC Will Enter New Growth Phase Within 2 Years Driven by Halving

Mark Yusko, CEO of Morgan Creek, has said that a new phase of Bitcoin growth will start in 2024, when there will be a new halving.

He has recalled that after the May halving of 2020, Bitcoin came out of a protracted phase of consolidation and started to show aggressive growth. The coin was able to achieve peak values ​​in 2021.

The current price of the crypto is too low. According to him, the fair rate of BTC should be in the region of $30,000.

The period of uncertainty in the global market is coming to an end. He has said that the arrival of spring is inevitable, and after that, the capital should again go into the crypto sphere.

Yusko believes there is no need for a quick transition into a bullish phase. It could last several months, After spring, summer begins.