Recession risks and macro uncertainty are currently once again at the center of market discourse, with Bitcoin being down -20% from its peak. Yet macro analyst Tomas (@TomasOnMarkets) contends that the broader economic backdrop is not as dire as some headlines suggest, even though certain datasets have pointed to weaker growth in early 2025. “Doesn’t look very recessionary to me?” Tomas wrote in a recent post on X, echoing the skepticism he has maintained for months. He pointed to specific indicators that began sliding in February but have started to stabilize
source: https://www.newsbtc.com/news/bitcoin/why-bitcoin-mirrors-summer-2024-whats-next/