
Mark Yusko sees bitcoin at $250K as market structure turns bullish
- —Yusko says BTC has moved from distribution to accumulation, fair value near $105,000
- —Bitcoin topped $86,000, its highest since January, on spot ETF inflows
- —Expanding global M2 and lower leverage versus 20–100x in past cycles support BTC
- —He expects a slower, more durable climb to $250,000 rather than a vertical move
Why it matters: A major institutional investor calling a phase shift could reinforce expectations of a continued bitcoin rally.
Source: Bitcoin Sistemi