According to The Kobeissi Letter, Elon Musk has forecasted a recession in the second half of 2025, while market prediction platform Kalshi currently puts the odds of a recession in 2024 at 29% (source: @KobeissiLetter, @Kalshi, June 5, 2025). For cryptocurrency traders, heightened recession expectations could trigger increased volatility and defensive positioning across digital assets. Historically, recession fears have led to both risk-off moves and safe-haven flows into assets like Bitcoin, impacting short-term and long-term trading strategies. Monitoring macroeconomic signals and market sentiment will be crucial for crypto market participants as recession discussions intensify.