Macro expert Lyn Alden believes that Bitcoin reaching a six-figure value would not be unexpected given the increasing liquidity, and she provides a timeline for this scenario.
Bitcoin’s price could reach $100,000 or more, according to macro expert Lyn Alden. In an interview with Blockworks Macro, Alden explains that the limited supply of BTC, combined with increasing global liquidity, creates a favorable environment for Bitcoin to experience a significant rally in the near future. Alden believes that the current bull run is in a midcycle phase and expects the next 18 months to be positive for Bitcoin. While the supply of Bitcoin is constrained, if the price increases rapidly, older coins held by long-term holders may start entering the market to meet the new demand. However, Alden notes that this cycle has seen fewer older coins being sold compared to previous cycles. Alden anticipates that the liquidity conditions will remain favorable, leading to increased demand and a higher price for Bitcoin. He concludes by stating that he would be surprised if Bitcoin does not reach six-figure territory within the next 18 months. At the time of writing, Bitcoin is trading at $63,758, showing a slight increase in the past 24 hours.