The Macro Analyst Said That Bitcoin Will Soar in the Short Term, But There Is a Problem!
The macroeconomic expert Lyn Alden warned about the potential risk of a 'Black Swan' while stating that Bitcoin could perform well in the short term.
The famous macro economist Lyn Alden said that Bitcoin could maintain its upward trend over the next year. However, Alden warned that unexpected developments, such as a major market collapse, could alter this outlook.
In an interview with Natalie Brunell, Alden commented: “The fundamentals seem quite solid at the moment. Therefore, I expect a pretty good performance for the next one or two years. However, sudden developments like a 30% market collapse could temporarily drag us down.”
Additionally, Alden pointed out that Bitcoin's price movements are now more related to market liquidity than to the halving cycle. Although Bitcoin's supply is halved every four years, she emphasized that the main determinant now is liquidity.
Bitcoin is currently trading at a level of $85,002.
