PANews, November 23 news, according to Cointelegraph reports, macroeconomist Lyn Alden stated that Bitcoin and the entire Crypto Assets market are currently unlikely to experience a significant crash. “We have not yet reached a level of euphoria in this cycle; therefore, there is no reason to expect a massive dumping.” Lyn Alden also refuted the claim that the four-year cycle is still effective: “This cycle may last longer than people expect, as it is not driven by Halving, but by broader macroeconomic factors and people's interest in Crypto Assets themselves.”
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Analyst: The crypto market has not yet reached "frenzy levels" and is unlikely to experience a massive collapse.
PANews, November 23 news, according to Cointelegraph reports, macroeconomist Lyn Alden stated that Bitcoin and the entire Crypto Assets market are currently unlikely to experience a significant crash. “We have not yet reached a level of euphoria in this cycle; therefore, there is no reason to expect a massive dumping.” Lyn Alden also refuted the claim that the four-year cycle is still effective: “This cycle may last longer than people expect, as it is not driven by Halving, but by broader macroeconomic factors and people's interest in Crypto Assets themselves.”