Opinion: Forecast Market Bottom Appear Time According to the Macro
Author: Wublockchain Joey Wu The crypto market, like the stock market, reflects people’s expectations of the future economy. The crypto market had already started a downtrend when people are still under the illusion that the Fed rate rises will not hit the market. And right now, investors are still divided on whether the U.S. economy is about to enter a recession, which means that the market’s expectations have not yet been agreed upon, so the downtrend is not yet over. Once the U.S. economy starts to officially enter a recession or a geopolitical conflict breaks out in full force, the bottom of the crypto market will appear. There are two types of recessions, one is inflationary and the other is deflationary, and the one the U.S. is about to face clearly belongs to the first type. Inflationary recession is characterized by high inflation and low unemployment in the early part of the recession and rising unemployment in the later part of the recession, but the inflation rate remains hi...