Bitcoin is pricing in a recession that may not happen
The researcher believes that #البتكوين today "reflects the most pessimistic forecasts for global growth since 2022," a period characterized by a sharp tightening of U.S. monetary policy and the collapse of several major institutions such as the 'FTX' platform #العملات #الرقمية .
He added that "Bitcoin is essentially pricing in a recessionary growth environment," explaining that the digital currency has already absorbed most of the negative news expected for late 2025 and early 2026.
This view contrasts with statements from U.S. Treasury Secretary Scott P. Sente, who said on Sunday that the United States is not on track to enter a recession next year.
However, Bitcoin's performance has remained weak. After reaching a new record high of $125,100 on October 5, prices plummeted sharply following a liquidation wave of $19 billion on October 10. Sentiment deteriorated further after President Donald Trump announced a 100% tariff on Chinese imports, leading to a wave of risk aversion in global markets.
With Bitcoin falling below $100,000 on November 13 and briefly touching $90,000 on November 20, bullish confidence has declined, but not completely disappeared. Bitcoin has since returned to exceed the $90,000 level within days and has maintained it since then $BTC
