As Global Recession Risk Grows, Bitcoin “Gold 2.0” Narrative Strengthens

Bitcoin (BTC) has been incurring significant selling pressure over the past several days that has put its recently found position within the five-figures in grave jeopardy, and its inability to find any strong support around its current price levels signals that further losses are highly likely.
Despite this technical weakness, analysts are noting that Bitcoin’s status as “Gold 2.0” appears to be strengthening amidst growing global instability, which could mean that BTC will in