Bloomberg Analyst Mike McGlone Warns for Bitcoin (BTC) and a Surprise Altcoin! "Collapse is Imminent!"

Mike McGlone Warns of a Recession and Crypto Market Crash - The Cryptocurrency Post

TL;DR Mike McGlone, from Bloomberg Intelligence, warns that the recovery of Bitcoin and Dogecoin could be only temporary, anticipating a possible drop. McGlone points out that both Bitcoin and Dogecoin have shown a trend similar to gold in recent months and warns that current support levels might not hold for long. The analyst also highlights that a global economic recession could severely affect risk assets such as cryptocurrencies, triggering…

Bitcoin and Dogecoin Mirror Bearish Trend, Says Mike McGlone

Bloomberg Analyst Mike McGlone is not optimistic about the current Bitcoin rally. BTC and DOGE have charted new growth trends, defying bearish expectations. Bitcoin (BTC) and Dogecoin (DOGE), two leaders in the crypto market, are showcasing a bullish performance, with their prices rising from earlier lower levels. Despite their positive price outcomes, Mike McGlone, a Senior Commodities Strategist at Bloomberg, says BTC and DOGE mirror bearish t…

Bloomberg Analyst Mike McGlone Warns for Bitcoin (BTC) and a Surprise Altcoin! "Collapse is Imminent!"

According to Binance TR data, while Bitcoin (BTC) experienced a rapid recovery above $93,000, altcoins also experienced significant increases. However, Bloomberg analyst Mike McGlone stated that this rise is temporary and will eventually decline. The analyst's bearish forecast included not only Bitc...

Bloomberg’s McGlone Warns Bitcoin & Dogecoin Might Be Headed for Major Price Crash

The post Bloomberg’s McGlone Warns Bitcoin & Dogecoin Might Be Headed for Major Price Crash appeared first on Coinpedia Fintech News Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has spotted something interesting and possibly worrying. He compared the movement of Bitcoin (vs. gold) with Dogecoin and found that both are following nearly the same path.  But this isn’t just about matching charts. It could be a sign of a Beari…

Bitcoin and Dogecoin Show Similar Big Trend — Bearish: Bloomberg's Mike McGlone

Bloomberg's expert McGlone reveals new bearish forecast for BTC and DOGE

Dogecoin (DOGE) Risks a 65% Price Crash if It Doesn’t Reclaim This Support Level - Invest In Crypto News

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