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Will official recession affect crypto bottom?

Crypto lost more than 90% this year. I read a lot of posts here and there that we are close to the bottom or this is already the bottom. It’s also getting clearer and clearer that recession is going to happen Q1-Q2 of 2023. Some are saying it will be worse that 2008 one which lasted 18 months. So from now we have a lot of months till economic growth. Stocks haven’t even plummeted yet, housing market in some states is still ATH. With all that coming what makes you think crypto is near bottom right now? Won’t recession, Wall Street and real estate massacre affect crypto more?

I am not spreading FUD, I am genuinely concerned. I also believe that “Chaos is a ladder” and what we have now is millennials’ only opportunity to make some capital during our young and healthy years

submitted by /u/embrace-it
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