Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says

Cointelegraph

Published Oct 02, 2022 12:05PM ET

Updated Oct 03, 2022 02:40PM ET

The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long-term one, according to forex trader and crypto analyst Alessio Rastani.

During the October-December 2022 period, the analyst expects to see the S&P rallying. “If that bounces or rally fails and drops back down again, then very likely, we're entering a long-term recession and something very close to similar to 2008," said Rastani in the latest Cointelegraph interview.

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