Crypto Rally to Continue with Speculative Blow Off, Predicts Mark Yusko.

Morgan Creek Capital founder and CIO Mark Yusko predicts that Bitcoin and the crypto markets have entered a fresh bull market that could last until next year's halving event. Yusko believes that Bitcoin will replace gold as the base layer of money and that Ethereum will have a role as a fiat currency replacement. He also expects a speculative blow-off after the halving event and an overreaction on the downside called crypto winter. At the time of writing, Bitcoin is trading for $30,787.