U.S. macroeconomist Lyn Alden says BTC has likely bottomed, sees buying opportunity

U.S. macroeconomist Lyn Alden said on CNBC that Bitcoin has already likely formed a bottom by nearly every indicator. Alden said short-term speculative capital has already left the market, Strategy is unlikely to sell BTC, and the current price range looks like a buying opportunity. Alden added that the U.S. Treasury and the Federal Reserve could pursue policies that keep interest rates artificially low in the future, while few downside catalysts remain.

Source: Coinness