Lyn Alden Aims for $200K Bitcoin Price in the Next 24 Months

Global Macro Investor Lyn Alden’s Bitcoin Price Prediction

Global macro investor Lyn Alden believes that Bitcoin (BTC) has the potential to reach $200,000 per coin in the next two years. According to Alden, a price of $100,000 would be considered disappointing. In a recent episode of What Bitcoin Did, Alden discussed Bitcoin’s role in the current macroeconomic environment and why predicting its price is challenging.

Bitcoin and Global Liquidity

Alden points out that Bitcoin is still closely correlated with liquidity. She predicts that liquidity will continue to increase between 2024 and 2025. While there may be some turbulence factors ahead, Alden believes that the two-year period is more important to consider than just one year.

Bitcoin’s Price Potential

Although it is clear that Bitcoin’s price is influenced by liquidity, deriving a specific price prediction is complex. Alden mentions that price predictions ranging from $150,000 to $500,000 are all reasonable. There are numerous variables to consider, such as ETF approvals, capital inflows, nation-state shocks, and short-term negative liquidity periods.

Bitcoin’s Recent Price Movement

Bitcoin experienced a dip in price from $45,000 to $40,800 following doubts about the approval of a Bitcoin ETF. However, its price has since recovered to around $43,000 after reports that regulators are finalizing details on ETF applications with Nasdaq, CBOE, and NYSE.

Hot Take: Lyn Alden’s Bold Bitcoin Price Forecast

Lyn Alden’s bullish prediction of Bitcoin reaching $200,000 per coin within the next two years demonstrates her confidence in the cryptocurrency’s potential. While there are uncertainties and variables that make specific price predictions challenging, Alden believes that Bitcoin’s correlation with liquidity and the macroeconomic environment will drive its value upwards. As Bitcoin continues to gain mainstream acceptance and as central banks implement dovish policies, the stage is set for a potential bull market across all asset classes, including cryptocurrencies.