Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says By Cointelegraph
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Next few weeks are ‘critical’ for stock market and Bitcoin, analyst saysThe stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long term-one, according to forex trader and crypto analyst Alessio Rastani.
During the October-December 2022 period, the analyst expects to see the S&P rallying. “If that bounces or rally fails and drops back down again, then very likely, we’re entering a long-term recession and something very close to similar to 2008”, said Rastani in the latest Cointelegraph interview.
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Next few weeks are ‘critical’ for stock market and Bitcoin, analyst saysThe stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long term-one, according to forex trader and crypto analyst Alessio Rastani.
During the October-December 2022 period, the analyst expects to see the S&P rallying. “If that bounces or rally fails and drops back down again, then very likely, we’re entering a long-term recession and something very close to similar to 2008”, said Rastani in the latest Cointelegraph interview.
Continue Reading on Coin Telegraph
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