Will Investors Flee to Bitcoin as Recession Looms?

The global economy has been facing increasing downwards pressure as of late that has sparked significant fear amongst traditional investors, and now one historically accurate indicator is flashing warning signs of an imminent recession, which could prove to be a positive thing for Bitcoin (BTC).

Importantly, analysts are also noting that the sheer amount of global bonds that are currently trading at a negative interest rate is also reason enough for investors to ditch the traditional economic system in favor for Bitcoin and decentralized options.

Global Economy Faces Downwards Pressure, But So Does Bitcoin 

Throughout the course of 2019, the equities markets have been facing significant pressure due to political turmoil in the U.K. surrounding Brexit and trade tensions between the U.S. and China due to the ongoing trade war.

In the meanwhile, Bitcoin has seen a meteoric rise throughout the first half of 2019, rising sharply from the lower-$3,000 region to highs of $13,800.

Despite…