Alessio Rastani: Will the Bitcoin Crash Get More Ugly (or is capitulation near)? | Lyn Alden | Alessio Rastani
Will the bitcoin crash get more ugly (or is capitulation near)? Lyn Alden is one of the best macroeconomists and analysts when it comes to both bitcoin and the stock markets. In this video we ask Lyn some important questions about her views on the bitcoin market and its crash this year. For example, has a bottom or capitulation been reached on bitcoin? What does "capitulation" even mean? Lyn Alden explains what has surprised her this year on bitcoin and what she thinks is likely for the short term (the next few months). We also ask Lyn for her long term view on bitcoin - such as the next few years. Does she see some light at the end of the tunnel for crypto? In this video we will do our best to try and answer these questions. #bitcoin #btc #alessiorastani
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Key notes in the video:
[0:00] Intro
[0:42] Analyst Lyn Alden
[1:32] The bitcoin crash this year
[2:35] Bitcoin and the PMI correlation
[3:16] The impact of Luna's collapse
[4:41] The environment we're in now
[4:47] BTC value zone and average cost basis
[5:51] More pain and risk ahead?
[6:20] When Lyn Alden first bought bitcoin
[6:43] Long term outlook
[6:55] What was different this year?
[7:45] What makes Lyn more confident now?
[8:20] Charts of bitcoin holder activity
[8:52] What is capitulation?
[11:07] Recent investor behaviour
[12:06] Are fundamentals long term bullish?
[12:23] Bitcoin sentiment in social media
[12:58] Conclusion and contrarian signals
[14:25] Lyn Adlen's timeframe
[15:45] More about Lyn Alden
[16:10] What Lyn Alden provides
[17:12] Outro
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