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Macro Analyst Said Bitcoin Will Soar in the Short Term, But There Is a Problem! - Coin Bulletin
Macro expert Lyn Alden stated that Bitcoin could perform well in the short term while drawing attention to a potential 'Black Swan' risk.
Famous macroeconomist Lyn Alden stated that Bitcoin could maintain its upward trend over the next year. However, Alden warned that possible developments such as an unexpected major market crash could disrupt this picture.
Speaking in an interview with Natalie Brunell, Alden stated, "The fundamentals look quite solid right now. Therefore, I expect a pretty good performance for the next year or two. However, sudden developments like a 30% market crash could temporarily pull us down."
Alden also noted that Bitcoin's price movements are now connected more to market liquidity than the halving cycle. He emphasized that while Bitcoin's supply is halved every four years, the main determinant is now liquidity.
Bitcoin is trading at 85,002 dollars level during the writing.