Renowned financial analyst Lynn Alden has made some memorable statements regarding Bitcoin and general market trends. Alden said the current pessimism in the Bitcoin market is at the lowest level of his career.
According to Alden, starting in the fall of 2025, market liquidity will shift primarily to companies producing artificial intelligence, semiconductors, and memory (RAM) chips.
Alden said Paul Tudor Jones’ past description of Bitcoin as “the fastest horse in the race” has been temporarily usurped by AI stocks, and this capital flight is putting significant pressure on Bitcoin and gold.
Highlighting that the current bear market is characterized by an institution-driven cycle and lower-than-expected retail investor interest, the analyst said that according to several indicators, Bitcoin is very close to the bottom of its historical valuation range.
He added that short-term speculative funds are moving towards artificial intelligence, which is paving the way for a foundation for long-term investors.
Alden acknowledged that anything could happen at any time due to Bitcoin’s volatility, but said that in his base case, he doesn’t expect a new six-digit peak this year.
The analyst predicted that the six-digit level would be permanently surpassed in the coming years, but said his biggest prediction for this year was no new lows and the technical outlook was for a flat rise.
The meltdown and loss of narrative in the non-Bitcoin altcoin market, with the exception of stablecoins and some tokenized real-world assets, has negatively impacted Bitcoin prices due to cross-funding.
Related news In the wake of the massive Bitcoin selloff, strategies make a surprising move: Michael Saylor unveils new Bitcoin-based model!
Alden noted that the market is getting overly excited about political developments, regulations (such as the Clarity Act), or potential state-level strategic Bitcoin reserve plans, and issued a warning to investors:
“There are no outside forces trying to save Bitcoin. Bitcoin must survive by proving its worth. The unauthorized, most liquid and powerful currency of the digital age will emerge from the bear market with its own dynamics, making higher lows and higher highs.”
*This is not investment advice.
