Macroeconomist Lyn Alden believes Bitcoin is near the low end of its valuation and sentiment range, with few downside catalysts remaining. The cryptocurrency surged above $72,000 this week following a White House meeting where President Trump urged Congress to pass the Clarity Act crypto market structure bill, which he described as very powerful. Its passage could attract new buyers, according to Alden. Bitcoin hit a record of $126,080 in October before entering a bear market in 2026 as traders pivoted to AI-related tech stocks.
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