The Bitcoin bull market may start earlier than expected due to expectations of a BTC decline and favorable economic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management.
The next crypto bull market will start sooner than most people think, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management. Yusko thinks that the next crypto bull or, as he calls it, “crypto summer,” could start as soon as the second quarter of this year due to the combination of central bank policy and Bitcoin expectations.
Although the US Federal Reserve may not reduce interest rates in the future, according to Yusko, the markets expect the Fed’s decision. This means that even a decrease or stoppage in the rate of interest will be interpreted as a sign that the sign is approaching. This can lead to improved efficiency among all risk assets, including crypto.
“What I think will happen is the Fed will say: ‘Well, we’re good.’ But that will be interpreted as ‘we will cut’ and dangerous goods will explode again,” Yusko pointed out.
In addition to several Fed policies, the expected decline in Bitcoin, which should occur in the second quarter of next year, will also drive business sentiment in the market.
“The market always expects a slowdown […] Nine months before this is usually when the first summer starts,” Yusko said.
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