📢 Is the Crypto Crash Overblown? Why 'Euphoric' Levels Haven't Been Hit!
Macroeconomist Lyn Alden is dropping some serious truth bombs, and it's a breath of fresh air amidst all the FUD! While Bitcoin is down over 22% in the last 30 days (yikes, check out that chart!), Alden says a "major capitulation" might be unlikely.
The core reason? We never hit those full-blown "euphoric levels" in this cycle that typically precede a major landslide. Simply put, there's less hot air to let out!
This also shuts down the rigid "four-year cycle" theory—Alden argues the market is driven by broader macro forces, not just the halving. While some are calling for a massive 65-70% retracement (hello, Vineet Budki!), Alden has a more moderate long-term outlook, expecting Bitcoin to reclaim $100K by 2026.
Her best advice for traders fixated on the next uptrend? "No one is owed a bull market." It's a wake-up call to stop treating these cycles like they’re guaranteed.
What do you think? Is this the dip before a mega-run to $250K (looking at you, Arthur Hayes), or is a longer, cooler phase ahead?
