Bitcoin Price Analysis Shows Most Bearish Global Outlook Since COVID and FTX Collapse: Bitwise Report

According to recent Bitwise research, Bitcoin is currently experiencing its most pessimistic global growth outlook since the COVID-19 pandemic and FTX exchange collapse. The comprehensive market analysis indicates significant bearish pressure on cryptocurrency valuations, with Bitcoin's pricing reflecting broader economic concerns and market uncertainty. The research highlights comparative market conditions and identifies key factors contributing to the current negative sentiment across digital asset markets.