Investment Strategist Lyn Alden Says She Is Bullish on Bitcoin Long Term.

Lyn Alden, a well-known investment strategist, believes that Bitcoin will be bullish in the long term despite its steep decline over the past year. Alden, who provides equity research and investment strategies for clients, said in a recent interview with Alessio Rastani that the overall picture for Bitcoin is bright compared to the last 12 months when BTC has fallen more than 60%. From all-time high. Alden said it’s time to focus on “what’s real and what’s being built,” especially the problems solved by cryptocurrencies and blockchain. She pointed out that investors need to look holistically at Bitcoin’s progress, including in developing markets, and the myriad issues facing global monetary systems. Alden added:

What’s going on with inflation, what’s going on with authoritarian countries or frozen bank accounts and all that sort of thing, and what technology can help them?

The Investment strategist focuses on Bitcoin’s growth as a sign of fundamentals, saying that Lightning Network, developing market adoption, and other on-chain indicators provided significant value signals than price volatility.

Disclaimer

The information on this website is provided for educational and informational purposes only. Any action taken by readers based on the information contained on our website is entirely at their own risk.

The Pipsafe Team -Latest Bitcoin news

Categories :