#البيتكوين sends a warning signal of recession..and #الفيدرالي
controls the direction
It seems that Bitcoin ($BTC ) is acting as though a recession is imminent — even if macroeconomic data suggests otherwise. Andre Dragosh, head of research #الأوروبي at Bitwise Asset Management, clarified in a post on platform X on Friday that Bitcoin is currently pricing in the most pessimistic outlook for global growth since the Federal Reserve's tightening cycle in 2022 and the collapse of the COVID-19 pandemic in 2020.
Dragosh relied on aggregate survey data from sources like Sentix and ISM and Philly Fed, producing a chart that compares global growth expectations with the aggregate signals embedded in the price of Bitcoin. The chart shows a sharp divergence: the black line representing implicit growth expectations for Bitcoin has fallen below one standard deviation under zero, a much more pessimistic level than the #الاقتصاد aggregate survey-based index, which remains close to neutral territory. According to Dragosh, this setup resembles previous decoupling instances like March 2020 and November 2022, before Bitcoin recorded significant increases.
