Lyn Alden says Bitcoin's cycle bottom is likely in near $80,000
- —Alden's base case: the cycle bottom is already in
- —Most sellers have exited; leverage wiped out several times
- —No rally without a new catalyst; expects choppy trading
- —Unpriced risk: AI breaking crypto's underlying math
Why it matters: A bottom call from a prominent macro investor may lift sentiment, but the market still needs a catalyst to turn higher.
Source: Coinpedia