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Bitcoin

Lyn Alden Says Bitcoin's Cycle Low May Be Behind It After Leverage Flush

Image: TokenPost

Lyn Alden said Bitcoin's cycle low may already be behind it, pointing to leverage being flushed out and fast money largely exiting the market. She said a return of fresh demand may take longer. Alden said buyers may want evidence that Bitcoin's cryptography can withstand risks from artificial intelligence and quantum computing before demand strengthens. A prior examination of factors shaping Bitcoin's next halving cycle considered adoption, investor demand, regulation and macroeconomic conditions.

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