Are we heading towards recession like 2008 wherein people have cut down their spendings and companies are laying off their employees, we can see cost-cutting everywhere, is it really a recession or just the panic about an uncertain future which is creating a gloomy atmosphere everywhere?
A recession is long overdue. Its going to happen eventually. It would not surprise me if next year the US stock market goes into a recession and bear market. However this may not be bad for Bitcoin. People tend to invest more in gold during a recession so maybe the same is true for Bitcoin.