Bitcoin (CRYPTO: BTC) may have already bottomed for this cycle, according to Morgan Creek Capital founder Mark Yusko.

He argues global money printing, weakening fiat purchasing power and excessive leverage in traditional markets continue strengthening the long-term bullish case for crypto.

ETF Outflows Not Main Concern

Speaking in an interview with Scott Melker on May 14, Yusko warned that the real risk for markets now sits inside overleveraged AI and equity speculation rather than Bitcoin itself.

Yusko argued Wednesday’s $630 million Bitcoin ETF outflow day likely reflected institutional arbitrage positioning rather than genuine investor panic.

According to Yusko, many large ETF flows come…

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