Lark believes the crypto market is headed for a bullish upswing, mainly because China and other major economies are printing a lot of new money.

• He points out that China is planning to issue over $139 billion in new debt, essentially creating new money. Lark sees this as China “turning on the money printer.”

• The U.S. is also increasing liquidity by having the Federal Reserve buy up debt from the Treasury. Lark says this is just “printing more money.”

• When all this new money enters the markets, Lark expects asset prices, including cryptocurrencies, to go up. He states: “When money floods in, asset prices go up, fueling a bull market.”

However, Lark acknowledges that eventually, central banks will have to reduce this excess liquidity, leading to a market downturn. But for now, he advises paying attention to the increasing money supply, which should drive crypto and other assets higher in the near term.

In summary, Lark believes the massive money printing by China, the U.S. and others is setting the stage for a cryptocurrency bull run until that liquidity is eventually pulled back.