Bitcoin (BTC) Is the Only Safe Haven Amid ‘Full-Blown Recession,’ Says Host of InvestAnswers

Crypto analyst issues dire warning for all financial sectors as he breaks down the state of the macro economy. InvestAnswers host says the markets tanked worse during the first half of 2022 than any time over the past half-century. He says the US added $9 trillion worth of debt in four years and the Fed cannot raise interest rates in a recession. The analyst concludes that people still have time to acquire hard assets like Bitcoin (BTC) rather than fiat currencies as part of a strategy to hedge against future losses in their investment portfolios. The US Dollar Index (DXY) held up surprisingly well and outperformed the Swiss franc over the last six months, he says. The silver lining is that the strength of the US dollar Index (DXY) is topping out. Source