Macro Guru Lyn Alden Believes $100,000 Bitcoin Would Be Underwhelming
According to macro expert Lyn Alden, a Bitcoin (BTC) price peak of $100,000 during the next market expansion would be a disappointing outcome. In an interview on the What Bitcoin Did podcast, Alden highlights the correlation between liquidity and BTC cycles. However, she clarifies that while liquidity can indicate the direction of Bitcoin’s price, it cannot determine its magnitude. Alden predicts a positive period for liquidity in 2024 and 2025, which would benefit risk-on assets like Bitcoin. She even suggests that Bitcoin could rally by approximately 340% from current prices before the end of 2025.
The Range of Possibilities
Alden’s base-case expectation is for new all-time highs, ideally surpassing $100,000. However, she believes that a price range beyond that is reasonable and would hope for $200,000 or more over the next two years. Alden expresses her disappointment with a $100,000 target, considering the previous bull market cycle fell short of expectations as well. Currently, Bitcoin is trading at $45,595, with a 6% increase in the last 24 hours.
Hot Take: Alden’s Ambitious Expectations for Bitcoin
Lyn Alden predicts that Bitcoin’s price will reach new all-time highs in the coming years and hopes for it to exceed $100,000. She emphasizes the importance of liquidity in determining BTC’s cycles but acknowledges that it cannot accurately predict its price magnitude. Alden expects a positive period for liquidity from 2024 to 2025 and suggests that Bitcoin could rally by 340% before the end of 2025. While she hopes for six-figure prices, she considers anything below $200,000 to be underwhelming for the bull market cycle.
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