Mark Yusko, the founder of Morgan Creek Capital, believes that the fear of missing out (FOMO) phase has not yet taken hold of the Bitcoin market. Speaking at the Bitcoin Investor Day, Yusko, a hedge fund veteran, suggests that the recent halving event has increased Bitcoin’s fair value from $50,000 to approximately $80,000. He predicts that once Bitcoin starts rallying towards this new fair value, sidelined traders and investors will rush in to invest in the cryptocurrency. Yusko acknowledges that the doubling of fair value seen in previous halving cycles may not occur this time due to inscription fees related to ordinals. However, he still expects Bitcoin to reach around $80,000, triggering the FOMO effect. He believes that increased adoption from institutions like Bank of America and Merrill Lynch will contribute to a significant price increase. Yusko points out that FOMO has not yet begun, as evidenced by the low search activity for Bitcoin on Google. However, he expects this to change soon, as even his family members have not yet asked him about Bitcoin. As of now, Bitcoin is trading at $65,246, marking a 2.38% increase in the last 24 hours.