Bitcoin in a Recession: Is It an Opportunity or Just Illusion?

Despite predictions that a potential US recession could boost Bitcoin prices, analysts warn investors against getting too optimistic. A recent research note by 10x Research highlights the volatility of Bitcoin during economic uncertainty, suggesting a need for caution. Markus Thielen, head of research at 10x Research, cautions that while signals suggest deeper cracks in the economy, it’s too early to expect a bullish surge.