Mark Yusko, founder of Morgan Creek Capital, believes that the fear of missing out (FOMO) phase has yet to grip the Bitcoin (BTC) market. Yusko made these remarks during the Bitcoin Investor Day, where he stated that Bitcoin’s recent halving event has increased its fair value from $50,000 to approximately $80,000. He predicts that once BTC rallies towards this new fair value, sidelined traders and investors will rush in to buy Bitcoin. Yusko acknowledges that the doubling of fair value 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, which will trigger the FOMO phase. Additionally, Yusko notes that FOMO has not yet begun, as evidenced by the low search activity for Bitcoin on Google and the lack of inquiries about BTC from people close to him. He anticipates that as adoption increases and institutions like Bank of America and Merrill Lynch enter the market, the price of Bitcoin will reach new levels. At the time of writing, Bitcoin is trading at $65,246, representing a 2.38% increase in the last 24 hours.