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Bitcoin Health Rated A- By Lyn Alden: 5 Metrics That Make It ‘Highly Investable’

Published by
Benzinga

Bitcoin’s (CRYPTO: BTC) health received an A- from macro analyst and author of “Broken Money,” Lyn Alden of Lyn Alden Investment Strategy. She concluded the network is “highly investable, both in Bitcoin directly as an asset, and in the equity of companies building on top of the network,” after assessing Bitcoin on thefollowing five different metrics. 1. Market Capitalization And Liquidity Price is an adoption metric that, according to Alden, “means something across several years.” Bitcoin is making higher highs and higher lows, a positive sign for the asset. Moreover, liquidity is increasing,…

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