Macroeconomist Lyn Alden believes $BTC has what it takes to hit $150K or ‘much higher’ this cycle.
But when $BTC attracts increased demand, there’s often a hitch: The Bitcoin network becomes congested, slowing transactions and driving up fees.
She added that they sometimes face corrections or choppy years, but resume climbing once momentum rebuilds. Then, that $BTC could follow the same path.
‘I think Bitcoin could resemble that model to some extent. Maybe it’s still more volatile than that, but I do think we should expect maybe longer and less extreme cycles on average,’ continued Alden.
Still, she believes that ‘we’ll see a lot of altcoin treasury companies get washed out, and some Bitcoin ones that are poorly managed are going to be at risk in the next downturn.’
Such a warning stems from the fact that excessive leverage and poor management can force treasuries to liquidate holdings during downturns.
Nevertheless, if Alden’s outlook proves correct, $BTC could be set for a steadier, more sustained climb to rosy pursuits.
By processing transactions off-chain while securing them to Bitcoin’s mainchain, it’ll boast throughput and lower costs. As a consequence, it’ll enable you to send $BTC quickly and cheaply during heavy network load.
And then there’s the Layer 2 network’s native token, $HYPER, which offers additional perks: reduced transaction fees, governance rights, and staking rewards at a 130% APY.
Alden’s outlook frames $BTC experiencing steady, sustained gains as opposed to volatile spikes and crashes.
Say her prediction proves correct, the Bitcoin network’s demand could remain high for an extended period. In turn, this would make scalability solutions increasingly important.
This is where Bitcoin Hyper shines bright. By combining off-chain transaction processing, Solana-level performance, and smart contract capabilities, it’s a clear answer to Bitcoin’s programmability challenges – especially if $BTC continues to rise, like Alden foresees.
This isn’t investment advice. Always DYOR and never invest more than you’d be sad to lose.
