Bitcoin (BTC) has the potential to reach a price of $100,000 or more, according to macro expert Lyn Alden. In an interview with Blockworks Macro, Alden explains that BTC is currently experiencing a supply shock as long-term holders are reluctant to sell their coins at current prices. This limited supply, combined with increasing global liquidity, creates a strong foundation for Bitcoin to surge to six figures in the coming months. Alden believes that the next 18 months will be favorable for Bitcoin, as it closely follows global liquidity trends. While older coins may enter the market as the price rises, Alden expects this cycle to have less selling from long-term holders compared to previous cycles. He anticipates that higher prices will be necessary to meet the demand and unlock older coins. Alden concludes by stating that she would be surprised if Bitcoin does not reach a six-figure price within the next 18 months. As of now, Bitcoin is trading at $63,758, showing a slight increase in the last 24 hours.
![Macro expert Lyn Alden believes that Bitcoin reaching six-figure values would not be unexpected given the increasing liquidity - Find out the projected timeline.](https://cryptoassetballoon.com/wp-content/uploads/2022/08/knLF451wd8s.jpg)