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Bitcoin Poised for a Bullish Trajectory After 2 Years: Analyst

Published 10/22/2023, 08:12 PM
Updated 10/22/2023, 08:15 PM
© Reuters.  Bitcoin Poised for a Bullish Trajectory After 2 Years: Analyst
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  • Lyn Alden holds a long-term bullish perspective on Bitcoin, arguing that the cryptocurrency will grow substantially after 2 years.
  • Wu Blockchain shared a thread on X, shedding light on Alden’s long-term bullish beliefs of BTC and gold.
  • The analyst acknowledged that the financial systems across the world are unstable.

Crypto analysts and their predictions play a vital role in the ever-fluctuating crypto space, as the future of virtual assets always remains a mystery. Lyn Alden, a prominent figure in the market, shared her long-term bullish beliefs on Bitcoin, arguing that the cryptocurrency would exhibit a remarkably positive trajectory after 2 years.

In a report published on October 13, Alden uncovered the “rising instability” in financial systems across the world, pointing out the necessity of restructuring the system. Providing a detailed idea of the history of the unstable financial economy, the analyst unveiled “three eras of financial instability.” While the “Internal Gold Standard” and the “Bretton Woods System” spanned from 1871 to 1914 and 1946 to 1971, respectively, the Dollar Reserve System, which began in 1971, continues till the …

The post Bitcoin Poised for a Bullish Trajectory After 2 Years: Analyst appeared first on Coin Edition.

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