Part 5/7:
Lee's insights are further complicated by discussions surrounding future economic conditions. He points out that if tariffs and other aggressive economic policies are instituted, they could lead to a recession. The current market sentiment is already showing signs of distress, with retail sentiment measured at bearish levels similar to those seen during previous downturns.
Investors appear to be reacting to the uncertainties surrounding economic policies and potential job market impacts, which may keep Bitcoin's price stagnant in the immediate term. However, Lee is hopeful that bad news has largely been priced in, and he anticipates potential growth as tariffs are acknowledged for their deflationary effects on consumer confidence.