Bitcoin and the broader crypto market may not face a significant crash, says macroeconomist Lyn Alden. She believes the cycle could last longer than expected due to broader macro factors, dismissing the four-year cycle theory. Other industry execs, like Bitwise’s Matt Hougan, agree, projecting a bullish market for several years.

Despite Alden’s optimism, Sigma Capital’s Vineet Budki expects a 65-70% BTC retracement in the next two years. Alden notes market outcomes often fall between extremes, not as good or bad as expected. Bitcoin recently dropped from all-time highs to $85,710 on Thursday, down 22.46% over the past 30 days.

Market sentiment has soured as traders hoped for year-end strength and new highs. Alden cautions against assuming a bull market is guaranteed, stressing that no one is entitled to one. She predicts Bitcoin may hit $100,000 in 2026 and set new highs that year or in 2027, urging investors to adjust their mindset.

Read more at Coin Telegraph: Crypto Market Not Showing Signs Of ‘Major Capitulation,’ Says Economist