My Macro outlook of Bitcoin and the Crypto market

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  • If Bitcoin cannot be treated like digital gold, then we will probably see a MASSIVE continuation of downhill price movement especially based on how correlated the crypto asset class is to Nasdaq, this is knowing that S&P and Nasdaq can still crash another 25–30% from their ATH.
  • The best-case scenario for Bitcoin, is if BTC gets treated as digital gold and the asset becomes a hedge against the other falling assets.
  • If the US is NOT declare as being in an economic state of recession this Sept 2022, then we may potentially see a rally.

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