Bloomberg Intelligence’s senior macro strategist Mike McGlone is expressing bearish sentiment on Bitcoin (BTC) in the near term. In a new interview on Kitco News, McGlone says that Bitcoin is flashing bearish signals even as other risk assets rise. “If we have this downturn, we can just take money away from everybody, which is kind […]
The post Bitcoin Will ‘Suffer’ in Case of Economic Downturn, Says Bloomberg Analyst Mike McGlone appeared first on The Daily Hodl.
