Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has warned that after losing the $100K level, bitcoin could sink even deeper, reaching $56K. McGlone states that this would be consistent with the behavior of the asset in similar bull runs that happened before. Bloomberg’s McGlone Believes $56K BTC Possible if $100K Level Is Lost The […]
Source: https://news.bitcoin.com/mike-mcglones-scorched-earth-prediction-56k-bitcoin-in-the-horizon/