Lyn Alden: Crypto Market Indicators Suggest Reduced Probability of 'Major Capitulation'

Market Outlook: Macro economist Lyn Alden suggests that a significant downturn for Bitcoin and the crypto market is unlikely, as current market conditions do not reflect euphoric levels that typically precede major capitulations.

Cycle Theory: Alden challenges the traditional four-year cycle theory, indicating that the market's trajectory is influenced more by macroeconomic factors and overall interest in the asset rather than halving events.

Diverging Opinions: While Alden remains optimistic about the market's stability, others, like Sigma Capital's Vineet Budki, predict a potential Bitcoin retracement of 65% to 70% within the next two years.

Investor Mindset: Alden emphasizes that investors should not expect guaranteed bull markets, stating, "No one is owed a bull market," and anticipates Bitcoin could reach $100,000 by 2026.