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According To Yonhap News Agency, South Korean Trade Officials Stated That US Oil Accounts For The Largest Share Of The Supply Of Alternative Oil To The Middle East, And The Proportion Of US Oil Is Expected To Increase Further
All 12,800 Tons Of Coking Coal Offered By Mongolia's ER Company Were Sold, With The Transaction Price Falling By 30 Yuan/ton Compared To The Previous Period
According To Local Media Reports, Alarms Were Sounded In Upper Galilee, Israel, After A Rocket Launch Was Detected
24-hour Situation Monitoring Of The Strait Of Hormuz: A Large Number Of Vessels Are Still Waiting To Pass Through The Strait
U.S. Secretary Of State Marco Rubio: (Regarding Trump's Speech) The Message He Conveyed To The World Was That Supporting Peace Requires Strength
According To Yonhap News Agency, Officials Said South Korea Has Secured A Supply Of 50 Million Barrels Of Alternative Oil In April
This Week, China's Soda Ash Production Was 772,800 Tons, A Decrease Of 2,600 Tons Or 0.34% Compared To The Previous Week
Indonesia's Geophysical Agency Has Lifted The Tsunami Warning Following A 7.6-magnitude Earthquake Near Halmahera Island
US President Donald Trump (truthsocial): Douglas Murray: Deranged Tucker Carlson Backstabs Trump:
US President Donald Trump (truthsocial): Democratic Pollster: Benefit Of Defanging Iran Far Outweighs Cost Of War:
The Main Liquefied Petroleum Gas (LPG) Contract Rose By 100.00 Yuan During The Day, Currently Trading At 6441.00 Yuan/ton, An Increase Of 1.58%
Strategic Advisory Committee For Building China Into A Manufacturing Powerhouse: Over The Next Decade, China Must Remain Steadfast In Prioritizing Intelligent Manufacturing
Severe Weather Devastates Australian Mining Industry; BHP Group Ltd And Rio Tinto May Struggle To Meet Production Targets
TD Securities: Trump's Speech Points To Escalation; Dollar And Oil Prices Expected To Rise Together
The Shenzhen Component Index Fell 1%, The ChiNext Index Fell 1.6%, And The Shanghai Composite Index Fell 0.3%

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A significant crash for Bitcoin and the broader crypto market doesn’t look likely at this stage, according to macroeconomist Lyn Alden.
“We haven’t hit euphoric levels in this cycle; therefore, there is less of a reason to expect a kind of major capitulation,” Alden said during a recent episode of the What Bitcoin Did podcast.
“The cycle could go on for longer than people can expect, because it’s not driven by the halving, it’s driven by broader macro and interest in the asset itself,” Alden said, shutting down the idea that the four-year cycle is still intact. The sentiment mirrors comments from other crypto industry executives, such as Bitwise chief investment officer Matt Hougan, who recently dismissed the four-year-cycle theory and said the market is likely in “for a good few years.”
Alden says market outcomes usually not as good or bad as people expect
However, not everyone agrees with Alden that a major capitulation is off the table. Vineet Budki, CEO of venture firm Sigma Capital, recently told Cointelegraph that he expects a Bitcoin (BTC) retracement of 65% to 70% in the next two years.
Alden said market outcomes rarely match the extremes investors imagine. “It’s usually not as good as people expect and it’s usually not as bad as people expect is often how these things play out,” she said.
It comes as Bitcoin has been in a downtrend since reaching new all-time highs of $125,100 on Oct. 5, dropping to as low as $80,700 on Thursday before recovering slightly to $85,710 at the time of publication, according to CoinMarketCap.
Market sentiment has also fallen, as many traders were expecting year-end strength and even new highs, with some, like BitMEX co-founder Arthur Hayes, calling for a move toward $250,000.
Alden says, “No one is owed a bull market”
Bitcoin’s recent price plunge has traders obsessing over when the next uptrend will begin, but Alden said investors need to stop treating bull cycles like they’re guaranteed.
“People kind of get in their mindset where they are owed a bull market,” Alden said. “No one is owed a bull market,” she said.
Alden expects Bitcoin to reclaim the $100,000 level in 2026 and to either set new all-time highs that year or, if not, in 2027.
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