Could Recession Fuel Bitcoin’s Surge? Macroeconomic Indicators Suggest Potential for Bull Run

Recent analysis by the Kobeissi Letter suggests that concerning macroeconomic data may indicate a looming US recession. This could create favorable conditions for Bitcoin, with potential to make a major price jump. An analyst has predicted Bitcoin could hit $1 million, leading to an explosive price run as it surges to $96k from its daily low.