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Bitcoin Faces $100K Resistance as Gold Gains Appeal, Says Bloomberg Analyst

Bitcoin may struggle to break past the $100,000 mark, according to Bloomberg analyst Mike McGlone, who views this level as a potential long-term ceiling. McGlone suggests that excessive speculation in the cryptocurrency market has peaked, making it harder for Bitcoin to sustain significant upward momentum.

Source: tokenpost.com

Related symbols: BTCUSD

2025-06-08 08:39:02 GMT.

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