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Lin Alden: The phase of “maximum pain” in the Bitcoin market is now behind us., 2026/03/04 11:23:47
Economist and investment analyst Lyn Alden stated that the phase of “maximum pain” in the Bitcoin market has already passed, and the cryptocurrency is currently in an oversold condition.
According to Alden, the decline in Bitcoin over recent months is attributed to weak demand from retail investors. Additionally, the performance of the leading cryptocurrency during this time largely mirrored the downturn in the stock prices of software development companies, which intensified market pressure.
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“The halving of issuance no longer exerts as strong an influence on supply as it once did. While investors are anxious and selling off their cryptocurrency, the peak of selling pressure on the Bitcoin market is already behind us,” the analyst noted.
She also suggested that the likelihood of Bitcoin dropping by 85–90% remains low. Currently, the leading cryptocurrency is at one of the historically lowest levels of the weekly Relative Strength Index (RSI), which may indicate that the asset is oversold.
In Alden’s view, unlike gold, Bitcoin is facing more pronounced negative sentiment in the market. However, over the next few years, the situation could change, and the leading cryptocurrency has the potential to exhibit positive momentum.
Previously, Lyn Alden explained the increasing interest of institutional investors in stocks of companies that are actively acquiring Bitcoin and plan to hold this asset for the long term.
