🔍 Bitcoin & Recession: What's Next?

- Bitwise analysts caution that while Bitcoin (BTC) has priced in many U.S. recession fears, risks remain if a recession hits. 📉

- Historically, Bitcoin's performance during recessions has been mixed; it dropped over 50% during the 2020 Covid recession but ended the year up 300%.

- With a 27% drawdown from its peak, Bitcoin reflects recession concerns, yet further downside is possible if a recession materializes.

- Economic uncertainty is high, akin to Covid times. What are your thoughts on Bitcoin's resilience? Share below! 💬