Mark Yusko, founder of Morgan Creek Capital, has identified two potential catalysts that could drive Bitcoin to new all-time highs. He believes that the upcoming halving event and the possible approval of a spot-based Bitcoin ETF could cause the price of Bitcoin to surge. Yusko predicts that fair value for Bitcoin will be $100,000 by the middle of next year, but the price could potentially rise to $150,000 depending on factors such as adoption and leverage. He also notes that even a small allocation of 1% to Bitcoin by US financial advisors using ETFs could have a significant impact on the cryptocurrency's price.
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