Bitcoin‘s current valuation near $100,000 is being scrutinized by Bloomberg Intelligence’s Mike McGlone, who views it not as a celebratory milestone but rather a stress indicator. McGlone cautions that the seemingly tranquil market conditions, characterized by stable stocks and historically low volatility, could be misleading.
Continue Reading:Bitcoin’s Crucial Market Test: Is Turbulence Ahead?
Source: https://en.bitcoinhaber.net/bitcoins-crucial-market-test-is-turbulence-ahead