According to @DowdEdward, Bitcoin is rolling over as he flags 10 macro headwinds for risk assets: AI bubble worries, housing and commercial real estate weakness, China slowing, the Federal Reserve being behind the curve, private credit turmoil, rising consumer delinquencies, accelerating corporate layoffs, a Fed meeting with banks about money market tightening, and BOJ carry trade pressures, source: @DowdEdward on X, Nov 18, 2025. He presents these risks alongside Bitcoin’s weakness, signaling a cautious tone for BTC and broader crypto markets, source: @DowdEdward on X, Nov 18, 2025.