Lyn Alden talk say Bitcoin fit likely perform pass gold until 2029
Macro-economist Lyn Alden tok for New Era Finance podcast sey she prefer Bitcoin (BTC) pass gold as di likely wey go perform well reach 2029. Alden point out clear difference for sentiment: gold Fear & Greed Index dey near 72 (greed) while Crypto Fear & Greed Index around 18 (extreme fear). Gold don reach record high recently (about $5,608/oz for late January), while Bitcoin dey trade about 40–45% lower from im October peak near $126,000. Alden frame am as contrarian setup — people euphoria for gold and heavy negative sentiment for crypto fit prepare ground for Bitcoin rebound if market leadership rotate. She compare her view with skeptics like Ray Dalio, wey prefer gold because na reserve asset and dey worry about Bitcoin long-term custodial, privacy and quantum-era risks. The discussion also sidon with bullish voices inside crypto industry (e.g., Coinbase CEO) wey dey project much higher long-term BTC prices. For traders, the actionable signals na: extreme negative sentiment for BTC, big recent flows and price gains into gold, and ongoing store-of-value debate among big investors. Expect higher volatility, possible rotation between gold and crypto, and trading chances for short-term and multi-year horizons depending on macro developments and sentiment shifts.
Bullish
Di news dey small bullish for BTC price prospects. Lyn Alden public say she prefer Bitcoin pass gold till 2029, and she frame am around clear sentiment difference (extreme fear for crypto vs greed for gold), e dey show one contrarian setup wey traders dey often treat as buy signal: deep negative sentiment fit come before big rebounds if money rotate back into undervalued assets. Short-term implications: volatility go increase as traders dey react to headline-driven flows and possible rotation between gold and BTC. Expect swings around macro events, risk-on/risk-off days, and sentiment indicators (Fear & Greed Index). Mid-to-long-term implications: if macro conditions and risk appetite shift toward risk assets or if institutional adoption/allocations pivot toward crypto, BTC fit outperform relative to gold during the next cycle—this one support trend-following and accumulation strategies. Factors wey fit reduce the bullish view: prominent skeptics (e.g., Ray Dalio) dey back gold, central bank behaviour wey favour fiat/precious metals, and structural risks dem dey mention for BTC (custody, regulation, privacy, quantum concerns). For traders, e mean mix of strategies: tactically trade volatility and rotations, maintain size discipline on longer-term accumulation positions, and watch macro indicators (real yields, CPI, central bank guidance) and sentiment readings for confirmation.