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RE: Crypto Prices - Possibly a leading indicator of recession?
Recession? You should work for CNBC. They always have an analyst that predicts a recession on a Daily Basis. They can be wrong for years, but when it finally comes, they crow about how they were the first to predict it. 🧐😂🧐
Earnings are too strong 💪 for a recession in the next 12 months. BTC is just languishing because it’s utility has yet to reach its full potential. When better policing is put in place; then more businesses will accept it and institutional money will flow in like a tidal wave.
Just remember that I get all the credit for predicting the next surge 😂🤑😂
While that is true, I think a recession within the next 2 years is probably fairly likely at this point. Remember reported earnings are backwards looking. :)
I agree corndog, they do keep saying things over and over until they are right. A broken clock is right 2 times per day.