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948: CRYPTO MACRO EXPERT PREDICTS MASSIVE BITCOIN RALLY THIS YEAR REVISITING BTC ALL-TIME HIGH!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
948: CRYPTO MACRO EXPERT PREDICTS MASSIVE BITCOIN RALLY THIS YEAR REVISITING BTC ALL-TIME HIGH!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
26 minutes
Released:
Jun 4, 2022
Format:
Podcast episode
Description
Macro analyst Lyn Alden says that the king crypto (Bitcoin) could rally higher over the coming months if certain conditions are fulfilled.
Asked in a Coin Stories interview whether BTC could revisit its all-time high this year, Alden says that the price of leading cryptocurrency could surge if the Federal Reserve reverses its current hawkish monetary policy measures, such as raising interest rates and the unwinding of asset purchases.
“I mean if you had a total capitulation, like if you had a pivot in Fed policy and a re-liquefaction of markets, it’s a pretty high volatility asset [Bitcoin]. So you could have a pretty big swing up. You could retest some highs.”
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Asked in a Coin Stories interview whether BTC could revisit its all-time high this year, Alden says that the price of leading cryptocurrency could surge if the Federal Reserve reverses its current hawkish monetary policy measures, such as raising interest rates and the unwinding of asset purchases.
“I mean if you had a total capitulation, like if you had a pivot in Fed policy and a re-liquefaction of markets, it’s a pretty high volatility asset [Bitcoin]. So you could have a pretty big swing up. You could retest some highs.”
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Released:
Jun 4, 2022
Format:
Podcast episode
Titles in the series (100)
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