Bitcoin Price Prediction as Recession Fears Rise – Can BTC Reach $100,000 After Bear Market?
Over the previous few days, the Bitcoin price has hardly budged from its $19,000 level, mostly maintaining a narrow range. On October 12, BTC barely made any moves and soared about 0.25% in the 24 hours. Concern about a recession among investors is comparable to that voiced in 2020 when 75% of respondents expressed concern about a downturn at the height of the epidemic. Even in the middle of a severe economic slump, a well-thought-out plan can considerably improve one's capacity to make sensible financial decisions. Advisor Authority Poll Signals Recession Fear According to Nationwide's annual  ;Advisor Authority poll, released on Monday, investors and advisers are worried by the present macroeconomic situation. As a result, their optimism has plummeted considerably. Investor confidence in the 12 months has dropped from 49% a year ago to 39%. Equally dismal, financial advisors' and experts' optimism is 48%, down 15% from 2021. While 54% o...