Bitcoin Reflects a Recession-Like Risk-Reward Landscape Similar to Early COVID Era, Says Bitwise Analyst

André Dragosch, head of research at Bitwise Europe, highlights that Bitcoin’s current price behavior mirrors the risk-reward dynamics from the COVID-19 crash period in early 2020. After sharp sell-offs and major liquidations, Bitcoin appears to be pricing in a severe economic downturn, reflecting one of the most pessimistic global growth outlooks since 2022. Though recent drops pushed Bitcoin below critical support levels, expert optimism suggests an upcoming rebound tied to monetary policy shifts, while notable investors like Cathie Wood anticipate liquidity easing and renewed market interest. Continue to read Bitcoin Reflects a Recession-Like Risk-Reward Landscape Similar to Early COVID Era, Says Bitwise Analyst