Anthony Pompliano Believes Bitcoin Price Climb to $ 100K Has Started, Says the Cointelegraph.

Anthony Pompliano Believes Bitcoin Price Climb to $ 100K Has Started, Says the Cointelegraph.

Orion Finance team is glad to see such forecasts! But let’s find out what kind of organization is the Morgan Creek Digital and whether it’s wise to consider their opinion.

Morgan Creek is the investment fund supporting such the areas as demographics and healthcare, energy and natural resources, growth of the emerging markets consumer, and wealth transport for developing markets. Morgan Creek Digital is a subsidiary of Morgan Creek specializing in digital asset investment management.

The co-founders of Morgan Creek Digital have been interested for cryptocurrencies for a long time. Last August the head of Morgan Creek Digital Anthony Pompliano made an optimistic forecast, stating that the price of bitcoin would increase to $ 55,000 by August 2020. In October 2019, Morgan Creek Digital raised over $61 million from 11 investors for a blockchain fund to explore opportunities using distributed ledgers.

In November 2019, Morgan Creek Capital CEO Mark Yusko advised selling amazon stocks and investing in digital money, calling the investments in Amazon and other technology companies “dead” money.

By the way, $61 million has been raised in the first round of fundraising. The ultimate goal is $250 million. The second round is scheduled for spring 2020. Is it a mere coincidence or what?

So far, the forecasts made by Creek Capital look like invigorating motivation for investors. The only real future bitcoin rate can show the level of expertise of the Creek Capital statements or … convict them of manipulation?