Bitcoin Headed Back to $10K? Bloomberg’s Mike McGlone Thinks So

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Bitcoin News 13h ago

Bitcoin Headed Back to $10K? Bloomberg’s Mike McGlone Thinks So - Bitcoin News

Quick Summary:

Bloomberg Intelligence’s senior commodity strategist Mike McGlone casts a skeptical gaze on bitcoin and its digital counterparts, positing a potential retreat to $10,000 for the flagship cryptocurrency.

Bloomberg Strategist Sees Crypto Wipeout Ahead In recent analyses shared via Bloomberg and the platform X, Mike McGlone has dissected crypto’s vulnerabilities amid turbulent macroeconomic crosscurrents.

Bitcoin Headed Back to $10K?