From 'Digital Gold' to $10,000: Bloomberg Strategist Flags Crucial Bitcoin Sell Signals
Bloomberg's Mike McGlone warns Bitcoin's tight correlation with S&P 500 and pending Fed hikes spark sell signals targeting a potential drop to $10,000
Panic engulfed the island while bitcoin surged from about $47 to $265
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Bloomberg's Mike McGlone warns Bitcoin's tight correlation with S&P 500 and pending Fed hikes spark sell signals targeting a potential drop to $10,000
8% decline extends earlier weakness, while AI slowdown calls and the coming Fed meeting pose separate risks
Bitcoin continues to hold strong despite rising Treasury yields, creating a potential setup for crypto to outperform gold again
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