Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

Macroeconomist Lyn Alden stated on the New Era Finance podcast that she would bet on Bitcoin outperforming gold over the next two to three years, suggesting that gold's recent rally might lead to diminishing returns in its next cycle. Alden noted that sentiment toward gold is "somewhat euphoric" despite reaching a new all-time high, while sentiment toward Bitcoin is "somewhat unfairly negative," evidenced by the Fear and Greed Indices showing greed for gold and extreme fear for crypto. She cautions against rigid narratives, noting that gold and Bitcoin can move together or diverge. Her comments contrast with warnings from figures like Ray Dalio, who favors gold as the "most established money" and a major reserve asset held by central banks, while others, like Coinbase CEO Brian Armstrong, predict Bitcoin could hit $1 million by 2030.

(Source：Cointelegraph)