Bitcoin, next cycle $600-$700,000″— Morgan Creek CEO Mark Usco

🚀 “Bitcoin, next cycle $600-$700,000”
— Morgan Creek CEO Mark Usco

📌 2 of his calculations

1️⃣ Replacing the ‘money value’ of gold

• About half of gold’s market capitalization is monetary value such as central bank and reserve assets
• Total Market Cap ≈ $10 Trillion If Bitcoin Absorbs This Area
• That’s in the hundreds of thousands of dollars range for BTC

2️⃣ Half-life (half-ice) cycle structure

• Bitcoin Increases Market Cap Digits By One Every Half-Life
  10 → 100 → 1,000 → 10,000 → 100,000
• The next cycle is another “0”

📅 Cycle Outlook

• Estimated peak time: Around 2029
• Target price range: $600,000 to $700,000
• In your own words, “conservative presumption”

It is argued that if the monetary role of gold + half-life structure overlap, the increase of about 10 times compared to the present is theoretically sufficiently explainable

$BTC $ETH $BMNR #Crypto