Lyn Alden says current market may be a good BTC buying opportunity

U.S. macroeconomist Lyn Alden said on the YouTube channel What Bitcoin Did that, looking back three years from now, the current period is likely to appear to have been a good time to buy BTC, while the long-term outlook remains positive. Alden said market sentiment and on-chain indicators are nearing bear-market bottom levels, short-term speculative capital has been flowing into markets other than BTC, and large-scale short liquidations recently occurred even though BTC price volatility was limited. Alden said this suggests bearish positioning in the market had become excessive. Alden added Alden does not expect prices to rise continuously right away, and while a bottom may already be in place, prices could still move lower.