Bitcoin Price Outlook: Expert Sees Potential 20% Near-Term Drop But Remains Bullish Long-Term
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Macro expert Lyn Alden says she's highly convinced Bitcoin will go up in next 2 years.
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However, Alden says in the short term Bitcoin could fall 20% or trade in a range.
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Bullish catalysts include Bitcoin's supply halving in 2024 and potential spot ETF approval.
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Alden cites falling supply but steady demand driving price appreciation.
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Bitcoin is up 20% from $31K level it broke out of last month, now trading at $37K.