Lyn Alden: Bitcoin Could Attract Buyers as Fast Money Washed Out

Alden's framing matters less as a call than as a description of market composition: the argument is that speculative positioning has already been flushed, leaving a thinner, more conviction-driven holder base. That distinction shapes how any recovery would look — less levered, slower, and more sensitive to macro liquidity than to retail momentum. The open question is whether the washout she describes is actually complete; volatility persisting alongside that claim is the tension worth watching.