Bitcoin Bull Market Still Intact, Says Macroeconomics Guru Lyn Alden
Macroeconomics expert Lyn Alden believes that the current Bitcoin bull market is still ongoing, as long-term holders are refusing to sell despite the cryptocurrency’s year-long rally. In an interview on crypto influencer Natalie Brunell’s YouTube channel, Alden stated that BTC is in the early stages of its structural bull run. She noted that there are no signs of long-term Bitcoin holders selling their coins, even though BTC has risen by approximately 160% in the past year.
Alden emphasized that typically during major bull runs, older holders start selling into market strength. However, this distribution process has not begun yet based on any on-chain analysis. She cautioned that although she believes the bull run will continue for the next two years, it is important to manage expectations and risks accordingly.
Bitcoin’s Future Potential
Alden previously stated that Bitcoin’s cycles are correlated to global liquidity and predicted that BTC could reach as high as $200,000 by the end of 2025. As of now, Bitcoin’s value stands at $43,010.
Hot Take: Bitcoin Bull Market Still Strong
Lyn Alden, a renowned macroeconomics expert, affirms that the ongoing Bitcoin bull market remains intact. Despite BTC’s year-long rally and a 160% increase in value over the past 12 months, long-term holders have not shown signs of selling their coins. According to Alden, this lack of distribution indicates that Bitcoin is still in the early stages of its structural bull run. While she believes the bull run will likely continue for the next two years, Alden advises managing expectations and risks appropriately. She previously predicted that Bitcoin could reach $200,000 by 2025, correlating the cryptocurrency’s cycles with global liquidity.
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