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💰 Claim your $20 Kalshi bonus when you sign up here: https://kalshi.com/r/cryptonutshell 🧠 My FREE Daily 5-Min Crypto Newsletter: https://www.cryptonutshell.com/subscribe ⮕ 🔒 Cold Storage Wallet: https://ledger.pxf.io/aOZEeQ ⮕ 💰 Get Up To $200 With Coinbase: https://coinbase-consumer.sjv.io/R59WLg Lyn Alden just delivered the most honest assessment of this Bitcoin cycle that any major analyst has given—and it's both uncomfortable and oddly reassuring. Bitcoin sentiment right now is worse than the 2022 bare market bottom. Not because the price is lower—it's not. But because expectations were so much higher. We had spot ETFs. A pro-Bitcoin president. Wall Street finally at the table. And yet the explosive upside everyone expected never arrived. Retail is nowhere. AI captured the narrative. And long-term holders are questioning everything. In this breakdown, we unpack why Lyn calls this a disappointing cycle, why she believes there's no massive money printing event coming to save the price, and why her bull case is actually stronger because she's already addressed every weakness. What you'll learn: Why Bitcoin sentiment is worse now than at the $16K bottom in 2022—despite being dramatically higher How AI stocks and precious metals stole the attention cycle from Bitcoin for the first time in its history Why retail never showed up and the broader crypto flywheel failed to spin The reason a "nuclear print" isn't coming and what a gradual balance sheet expansion actually means for Bitcoin Why Bitcoin now has to compete for every dollar against Nvidia, AI stocks, and gold on its own merits Lyn's two-part structural bull case: why Bitcoin at 0.2% of global assets is still massively undervalued How Bitcoin's network effect dominance over all other cryptos is stronger than it's ever been at 17 years in Why the bull case that doesn't rely on catalysts is actually the hardest one to argue against Lyn doesn't sugarcoat anything. She doesn't promise a halving-driven moon shot or a liquidity tsunami. She makes the case that a decentralized ledger is worth more than one-fifth of one percent of global wealth—and that Bitcoin is increasingly the only network that captures that value. The math doesn't need a crisis. It needs time. #crypto #bitcoin #ethereum Tom Lee: Important Warning To All Small Bitcoin & Crypto Investors (New 2026 Prediction)