I looked at an interesting analysis by Mike McGlone about the risk landscape for Bitcoin. If the recession in the US intensifies, he predicts that BTC could drop significantly, potentially even to $10 thousand. It's a considerable drop considering the price is currently hovering around $73k . The logic makes sense: when the real economy faces serious problems, risk assets tend to be the first to suffer. His point is that Bitcoin, despite being seen as a "safe" asset by some, is still sensitive to larger economic cycles. It's worth paying attention to recession signals coming from the US because if that is confirmed, pressure could be strong even in the crypto market. It's not a scenario anyone expects, but it's good to be prepared.

BTC-0.3%
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