Bitcoin could be poised for substantial gains despite current market turbulence, according to leading crypto researcher André Dragosch of Bitwise Europe. He draws parallels between Bitcoin’s current risk-reward setup and the conditions surrounding the COVID pandemic, suggesting a strong potential for upside if macroeconomic conditions improve. While recent downturns have occurred in the wake of recession fears and aggressive U.S. monetary tightening, several analysts believe Bitcoin is poised to rebound, citing historical trends and supportive macro factors. A cautious optimism prevails among traders, with some anticipating recovery while others remain wary due to ongoing economic uncertainties.