Mark Juscoa: “Cryptoleto will begin in the second quarter 2023 of the year" – Bits Media

The founder and general director of Morgan Creek Capital Mark Yusco expects, that cryptoleto can begin in the second quarter of this year, Since there are all prerequisites for this.

According to Mark Yusco (Mark Yusko), A combination of positive factors, Including the expectation of halving Bitcoin, The transition of central banks to a more flexible monetary policy, as well as the restrained position of the Federal Reserve (FRS) USA regarding the key rate, create favorable macroeconomic conditions for a new rise in the crypto market. The head of Morgan Creek expects, that the crypto summer and the next bull market could begin as early as the second quarter 2023 of the year.

Although the Fed is not going to cut interest rates anytime soon, Yusko notes, that markets often anticipate decisions by the US Federal Reserve. Even a slowdown or pause in interest rate increases is seen as a signal that change is imminent, leading to positive dynamics of all risky assets, Including cryptocurrencies.

“It is likely, that with its decision the Fed signals to the market that, that the situation is under the control of the regulator. This can be interpreted as “we will cut the rate”, and then risk assets will explode again.", — Yusko noted.

The upcoming Bitcoin halving is another factor, which the, as expected Yusko, will stimulate bullish sentiment in the market and another upward rally of the first cryptocurrency. According to him, the market traditionally reacts to an event approximately nine months in advance, which would mark the start of crypto flight already in the second quarter of this year.

Yesterday, the Bits.media portal published a detailed analysis of the current situation in the cryptocurrency market. It also presents the expectations and forecasts of leading experts regarding the Fed's policy and the industry's prospects for the near future..