Macro Analyst Said Bitcoin Will Soar in the Short Term, But There Is a Problem! - Coin Bulletin

robot
Abstract generation in progress

Macro expert Lyn Alden stated that Bitcoin could perform well in the short term while drawing attention to a potential 'Black Swan' risk.

Famous macroeconomist Lyn Alden stated that Bitcoin could maintain its upward trend over the next year. However, Alden warned that possible developments such as an unexpected major market crash could disrupt this picture.

Speaking in an interview with Natalie Brunell, Alden stated, "The fundamentals look quite solid right now. Therefore, I expect a pretty good performance for the next year or two. However, sudden developments like a 30% market crash could temporarily pull us down."

Alden also noted that Bitcoin's price movements are now connected more to market liquidity than the halving cycle. He emphasized that while Bitcoin's supply is halved every four years, the main determinant is now liquidity.

Bitcoin is trading at 85,002 dollars level during the writing.

BTC1.11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)