Lynn Alden's Predictions on Global Liquidity's Impact on Bitcoin
In an interview with Altcoin Daily's Austin Arnold, celebrity investor Lynn Alden discussed her outlook on global liquidity and its potential impact on Bitcoin, especially after the US Federal Reserve began its first rate cut cycle since 2020.
**The impact of lowering interest rates on the dollar and Bitcoin**
Alden explained that the Fed’s rate cuts would likely significantly weaken the US dollar, which would create a new cycle of global credit after a long period of stagnant liquidity in financial markets. This decline in the value of the dollar, in turn, could boost Bitcoin’s performance, as increased liquidity often leads to higher prices for financial assets.
**Optimism about Bitcoin in the coming months**
Alden expressed her optimism about Bitcoin’s performance in the coming period, noting that this digital currency could witness significant increases over the **next eighteen months**, supported by the expected increase in liquidity in global markets. However, Alden noted that **short-term expectations** remain complex, as external factors such as **institutional investments** could have a significant impact on market movements.
**Bitcoin expected to reach $100k**
Despite her caution on short-term moves, Alden noted that she expects Bitcoin to hit $100,000 by the end of the period. However, she stressed the importance of focusing on long-term trends in Bitcoin’s performance rather than short-term price targets, arguing that Bitcoin has always experienced significant volatility in its movements.
**Current Bitcoin Price Status**
Currently, **Bitcoin** is trading at **$59,876.23**, down slightly by **0.50%** on the day. The coin hit a three-week high of **$61,331** in the previous session, reflecting the market’s anticipation of the **Fed** decisions.
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