Coinbase is predicting Bitcoin could see a December recovery based on macro conditions but theres some important caveats.

Their research team is pointing to improving liquidity and markets pricing in about a 92% chance of a Fed rate cut at the December 9–10 meeting. As of December 4th the odds of a rate cut jumped to 92%, which has often been supportive for risk assets like crypto in past cycles. They’re also tracking global money supply which has been expanding lately. Back in October Coinbase actually predicted we