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Cryptocurrencies => Crypto Discussion => Crypto News from the USA => Topic started by: cryptogabbar on September 29, 2022, 10:52:56 AM
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Stan Druckenmiller, an American investor, is certain that a recession will occur in 2023.
He anticipates a recession in 2019 followed by possible market stagnation for the ensuing ten years. In the midst of a bear market, Stan Druckenmiller forecast a bright spot for cryptocurrencies if central banks continue to lose faith in them. His prognosis comes at a time when worries about a potential recession situation in the future are growing.
Crypto Prediction by Stan Druckenmiller
The remarks were delivered by Druckenmiller on Wednesday in New York while he was addressing the CNBC Delivering Alpha conference. He predicted that a recession would likely occur the following year. adding that it might be quite detrimental. The investor clarified that, given the existing environment, the stock market scenario can still be operational. He claimed that despite the challenging circumstances, there might be room for profit.
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