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#Mike McGlone

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Bloomberg’s Mike McGlone Warns on Bitcoin, Reveals Condition to Save BTC
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Bloomberg’s Mike McGlone Warns on Bitcoin, Reveals Condition to Save BTC

Bloomberg Intelligence senior commodities strategist Mike McGlone has warned that elevated equity valuations and expectations of further Federal Reserve interest rate hikes are generating strong sell signals for Bitcoin. Bitcoin’s Risk-Adjusted Returns Under Scrutiny McGlone noted that Bitcoin’s performance over the past five years has roughly matched the S&P 500 index, but with approximately three ...