Renowned macro analyst Lyn Alden on Thursday told CNBC the Bitcoin (CRYPTO: BTC) bottom is in by almost every metric, saying “the bull market is back in play.”
Why Alden Says the Bitcoin Bottom Is In
Bitcoin Historian Pete Rizzo flagged on X that Alden told CNBC the fast money is out, Strategy (NASDAQ:MSTR) will not be selling, and there are not many downside catalysts left.
She added that the Treasury and Fed will be moving toward financial repression, a backdrop she called bullish for Bitcoin.
What the Volatility Data Shows
