Senior commodity strategist at Bloomberg Intelligence, Mike McGlone, is warning that Bitcoin (BTC) may collapse into the four figures. In a new interview with crypto trader Elliot Wainman, McGlone says that Bitcoin could collapse below a $10,000 price level due to its greater acceptance by the traditional financial system and the proliferation of digital assets.
Bloomberg Analyst Mike McGlone Issues Bitcoin Warning, Says BTC Could Crash ‘Even Lower' Than $10,000
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Bloomberg Intelligence senior commodity strategist Mike McGlone warns Bitcoin could fall below $10,000, saying in an interview with crypto trader Elliot Wainman that greater acceptance by the traditional financial system and proliferation of digital assets could push BTC into the four digits.
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