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?
If we had any doubt about it, not chances are high for a recession considering all the trouble in China, gigantic developers like toyota stopped the production for missing parts caused by the COVID. Recession is coming.
I can say that recession is coming near because all that are happening now are obviously the signs of recession. This should not bring us negative thoughts when it comes to bitcoin because if we will still be able to manage our finances properly and grab the market by buying all those cheap but potential coins, then we will still make profits at the end of the day. Recession is nothing if we know how to handle it.