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Renowned macroeconomics expert LYN ALDEN has expressed a bullish outlook for Bitcoin, predicting that the cryptocurrency will maintain its upward trajectory over the coming months. In a recent interview with NATALIE BRUNELL, Alden shared her insights on Bitcoin’s potential performance and the factors influencing its market dynamics.
LYN ALDEN emphasized that Bitcoin is likely to trend higher for another year or so, driven by favorable fundamentals. However, she cautioned that a Black Swan event—a rare and unforeseen occurrence that could trigger a significant market downturn—might temporarily derail Bitcoin’s progress.
“I think that a lot of the fundamentals look pretty good at the current time. So I expect pretty good performance over the next year or two, but it is subject to not having like a 30% market crash or things like that that could temporarily push us lower that we’d have to then rebuild from,” Alden stated.
Alden also highlighted that Bitcoin’s performance is increasingly tied to market liquidity rather than its halving events. Bitcoin halving, which occurs every four years and reduces mining rewards by half, has historically been followed by significant price rallies. However, Alden believes that liquidity cycles now play a more critical role in shaping Bitcoin’s trajectory.
“Short answer is, I think longer term, yeah [Bitcoin’s bull run is still happening]. I think that Bitcoiners get very attached to cycles. And I think especially as the asset gets larger, those cycles become less clear… I think it’s less about the halving cycle. It’s more about the liquidity cycle. But liquidity is complex in this environment,” she explained.
At the time of writing, Bitcoin is trading at $85,002, showing minimal daily fluctuations.
Source: YouTube
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