Crypto Hedge Fund Veteran Mark Yusko Projects Bitcoin Bull Season Imminent with a Timeline
Mark Yusko, the CIO of Morgan Creek Capital, has suggested that a fresh bull market for Bitcoin (BTC) may be on the way, with the currency reacting in the same way as it has to previous halving events. Yusko also pointed out that traditional assets have a stronger correlation with GDP growth, interest rates and the economy than with Bitcoin. He derided the “speculative nonsense” of Dogecoin, and stated previously that the market for it would be officially over when it is worth zero, a prediction he now blames on stupid people still trading it. The halving event taking place in April 2024 is set to cut BTC miners’ rewards in half every four years.
(Visited 3 times, 1 visits today)