Zhao Changpeng: The correlation between BTC price trends and economic indicators may only be applicable in the short term

ChainCatcher, a certain crypto KOL, analyzed: "The price trend of Bitcoin is closely related to economic indicators. If a recession occurs, Bitcoin could drop to around $50,000; if no recession happens, the expected bottom price range is between $70,000 and $75,000."

In response, Binance co-founder Zhao Changpeng stated on the X platform: "I believe this analysis only applies to the short term."